With Regard to Segregation of Duties,rule Two Is That Asset

question 15

Essay

With regard to segregation of duties,rule two is that asset custody and record keeping should be separated.What does this require in the revenue cycle?

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Definitions:

Juriscience

The scientific study of law and legal systems, aiming to apply scientific methods and principles to legal questions and issues.

Proximate Cause

The primary cause that, in a natural and continuous sequence, unbroken by any efficient intervening cause, produces an event and without which the event would not have occurred.

Causation

A principle in law establishing the cause and effect relationship between an action and its outcome.

Forgeries

The illegal act of creating, altering, or imitating objects, statistics, or documents with the intent to deceive.