which, if any of the following situations represents improper segregation of functions? Explain your answer.
which, if any of the following situations represents improper segregation of functions? Explain your answer.
Accounting Information Systems
10th Edition
ISBN:9781337619202
Author:Hall, James A.
Publisher:Hall, James A.
Chapter2: Introduction To Transaction Processing
Section: Chapter Questions
Problem 19P
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which, if any of the following situations represents improper segregation of functions? Explain your answer.
a. the billing department prepares the customers' invoices and records the sale in the sales journal
b. The mailroom clerk opens a cash receipt envelopes from customers and also prepared the remittance risk
c.
d. The sales department approves sales credit memos as the result of product returns and forwards these to the AR department, which adjusts the customer accounts to reflect the return.
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