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The Complement System Serves To

question 25

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The complement system serves to:


Definitions:

Establishment of Responsibility

An internal control principle focusing on assigning specific responsibilities to particular employees to reduce errors and fraud.

Segregation of Duties

An internal control measure where no single individual is given too much responsibility in areas of financial reporting, transaction processing, or asset management to prevent fraud and errors.

Documentation Procedures

The methods and practices used for creating, managing, and safeguarding documents within an organization.

Physical Controls

Security measures implemented to protect tangible property, assets, or inventory from damage or unauthorized access.

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