Separation of Duties in the Sales/collection Cycle Should Mandate That

question 82

True/False

Separation of duties in the sales/collection cycle should mandate that the credit-granting function be separate from the sales function.

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Definitions:

George Ritzer

An American sociologist known for his work on consumerism, globalization, and the concept of McDonaldization, which analyzes the effects of capitalism and rationalization on society and culture.

Society

A large group of people sharing a common territory and culture, characterized by shared norms, values, and institutions.

Bureaucracy

An organizational system characterized by standardized procedures, hierarchical division of labor, and emphasis on formal written documentation.

Interpersonal Interactions

The exchanges and communications between people, which can be verbal or non-verbal, and influence relationships and social dynamics.