The Internal Audit Function and the Accounting Functions Should Not

question 104

True/False

The internal audit function and the accounting functions should not be segregated in order to increase a company's internal control.

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Definitions:

Unofficial Line

Informal communication channels within an organization that operate alongside the official channels but are not formally recognized.

Communication

The act of conveying information, ideas, feelings, or instructions between people through verbal, non-verbal, written, or digital means.

Grapevines

Informal communication channels within an organization, through which rumors and unofficial information spread.

Sense of Unity

The feeling or perception of being part of a whole, often resulting in a stronger collective identity or purpose.