Question

What is the rationale for the internal control principle, segregation of duties? select one:

a. history has shown that employees are generally dishonest and thus cannot be entrusted with performing related duties.
b. the work of one employee should, without duplication of effort, provide a reliable basis for evaluating the work of another employee.
c. control is most effective when only one person is responsible for a given task.
d. segregation of duties causes companies to hire more employees and thus it supports the economy?

Answer 1

The rationale for internal control principle, segregation of duties is that the work of one employee should, without duplication of effort, provide a reliable basis for evaluating the work of another employee. Segregation of Duties is a basic building block of sustainable risk management and internal controls for business. It is based on shared responsibilities of a key process that disperses the critical functions of that process to more than one person or department.