Effective Separation of Duties in an Organization Reduces the Likelihood

question 138

True/False

Effective separation of duties in an organization reduces the likelihood of theft.

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Definitions:

Supply

The number of products—goods and services—that businesses are willing to sell at different prices at a specific time.

Demand

The number of goods and services that consumers are willing to buy at different prices at a specific time.

Profits

The financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.