Separation of Duties Divides Responsibility for a Transaction or a Series

question 67

True/False

Separation of duties divides responsibility for a transaction or a series of related transactions between two or more individuals or departments. Separation of duties reduces the risk of error and fraud.

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Definitions:

Locus Of Control

The extent to which people feel they have influence over events.

Perceived Ability

An individual's or group's belief about how capable they are of performing a particular task or function.

Leaderless Group

A type of group activity designed to assess individuals' leadership qualities and teamwork skills in the absence of a formal leader.

Project GLOBE

A research initiative that examines the impact of culture on leadership effectiveness and organizational practices across the world, aiming to understand how cultural norms and values influence business.