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The Three Types of Functions That Normally Should Be Segregated

question 40

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The three types of functions that normally should be segregated to promote internal control are

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Definitions:

Competencies

A set of defined skills, knowledge, abilities, and attributes that are necessary for successful performance in a job or role.

Hrm Programs

Human Resource Management initiatives designed to maximize employee performance in service of an organization's strategic objectives.

External Supplies

Goods or services obtained from sources outside the organization to support its operations.

Labour Market Trends

Patterns or movements in employment sectors, such as changes in job availability, demand for specific skills, or wage levels.

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