Segregation of Duties Means That a Company Assigns Responsibilities So

question 51

Multiple Choice

Segregation of duties means that a company assigns responsibilities so that:

• A)sufficient workers are available to cover all necessary jobs.
• B)responsibilities for related activities are assigned to two or more people.
• C)employees are restricted to jobs for which they have adequate training.
• D)workers are divided into those who make decisions and those who carry them out.

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Definitions:

Marketable Securities

These are liquid financial instruments that can be quickly converted into cash at market value, such as stocks, bonds, or Treasury bills.

Share Capital

The amount of money raised by a company through the issuance of shares to its shareholders, representing ownership in the company.

Customer Lists

An intangible asset representing the information about customers that a business has compiled, which can have value in marketing or sales efforts.

Internet Domain Name

A unique name that identifies a website on the internet, part of a network address that can represent an individual, business, or organization online.