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Segregation of Duties Can Be the Source of IT Material

question 45

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Segregation of duties can be the source of IT material weaknesses when assessing the effectiveness of internal controls over the company's accounting information system.


Definitions:

Physical Examination

A thorough medical inspection of a person's body by a doctor to assess health, often used to determine fitness for a particular purpose, like employment or insurance.

Written Questions

A formal set of questions submitted in writing to a party in a legal dispute as part of the discovery process.

Requests For Admission

A legal process in which one party requests the other to admit the truth of certain facts before the trial begins, to streamline the trial process.

Court-Annexed Arbitration

A form of arbitration overseen by a court, often used to streamline legal disputes by using a neutral third party.

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