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What type of personality is often described as a coronary-prone personality?
Separation Of Duties
Separation of duties is a key control in internal systems, aimed at reducing the risk of fraud and errors by ensuring that no single individual has control over all aspects of a financial transaction.
Approves Purchases
Refers to the process or authority given to certain individuals or systems to validate and authorize the acquisition of goods or services for a business or organization.
Journal Entries
The basic record-keeping of a company's financial transactions, recorded in the chronological order.
Paid Voucher File
A collection of documents that record and confirm the payments made by a business, often including purchase orders, receipts, and payment advice.
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