Question

Is the segregation of functional responsibilities relatively easy for the finance and investment cycle?

1) True
2) False

Answer 1

The segregation of functional responsibilities is relatively easy for the finance and investment cycle.

Step-by-step explanation:

The segregation of functional responsibilities is relatively easy for the finance and investment cycle. True

Within the finance and investment cycle, it is common to have specific roles and responsibilities assigned to different individuals or departments. This segregation ensures that each function is carried out effectively and efficiently, reducing the risk of errors and fraudulent activities.

For example, in a finance department, the responsibilities may be segregated such that one person is responsible for accounts payable, another for accounts receivable, and another for cash management. Similarly, in an investment firm, different professionals may be responsible for research, portfolio management, and trading.