Which of the following is a correct statement related to segregation of duties related to property, plant and equipment (P, P &E)? a. Custody of P, P & E need not be separate from the purchasing of such assets b. The IT function of programming need not be separated from the accounting for P, P & E. C.Custody of P, P & E is to be separate from its related record keeping d. All other answers are correct statements related to the segregation of duties
Which of the following is a correct statement related to segregation of duties related to property, plant and equipment (P, P &E)? a. Custody of P, P & E need not be separate from the purchasing of such assets b. The IT function of programming need not be separated from the accounting for P, P & E. C.Custody of P, P & E is to be separate from its related record keeping d. All other answers are correct statements related to the segregation of duties
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which of the following is a correct statement related to segregation of duties related to property, plant and equipment (P, P &E)?
a. Custody of P, P & E need not be separate from the purchasing of such assets
b. The IT function of programming need not be separated from the accounting for P, P & E.
C.Custody of P, P & E is to be separate from its related record keeping
d. All other answers are correct statements related to the segregation of duties
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