Proper Segregation of Functional Responsibilities Calls for Separation of

question 117

Multiple Choice

Proper segregation of functional responsibilities calls for separation of

• A) authorization, execution, and payment.
• B) authorization, recording, and custody.
• C) custody, execution, and reporting.
• D) authorization, payment, and recording.

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Definitions:

Mean

In statistics, the average value in a set of numbers, calculated by adding all the numbers and dividing by the total count of values.

Normal Curve

A bell-shaped curve representing a distribution of values, traits, or scores where most occurrences take place in the middle of the range.

Standard Deviations

A measure of the dispersion or variability within a set of numerical data, indicating how much each value differs from the mean of the dataset.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many types of data; most scores fall near the mean, or average, with fewer scores at the extremes.