Examlex
The complement system serves to:
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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