One of the most important control activities is the segregation of employees duties to minimize...

90.2K

Verified Solution

Question

Accounting

One of the most important control activities is the segregation of employees duties to minimize incompatible functions. i. State TWO (2) specific functions or jobs that should be segregated in the sales processing system. (2 mark) ii. Based on your answer in part (a)(i), discuss why the two functions or jobs need to be segregated. (4 marks) b. Describe TWO (2) differences between point-of-sale systems (POS) and revenue cycles of manufacturing firms. (4 marks) [Total: 10 marks]

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students