Explain Why It Is Important to Segregate Duties of Employees

question 75

Essay

Explain why it is important to segregate duties of employees dealing with cash in an organization. Provide an example of ways which this segregation could be made on the payable side

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Definitions:

Informed Consent

A process by which a person voluntarily confirms their willingness to participate in a particular activity, after being informed of all the risks, benefits, and alternatives.

Phase I Clinical Trials

The first stage of clinical trials for new drugs or treatments, primarily concerned with assessing safety and dosage in a small group of people.

Dosage

Dosage refers to the size, frequency, and number of times a medication or drug should be taken to achieve its intended effect.

Toxicity

The degree to which a substance can cause harm to an organism, ranging from mild irritation to lethal effects.