Question

Permitting only designated personnel such as shift supervisors and cashiers to handle cash receipts is an application of which principle?

Answer 1

Permitting only designated personnel such as shift supervisors and cashiers to handle cash receipts is an application of the principle of segregation of duties.

Step-by-step explanation:

Permitting only designated personnel such as shift supervisors and cashiers to handle cash receipts is an application of the principle of segregation of duties. This principle ensures that no single individual has control over all aspects of a transaction, reducing the risk of fraud and error. By limiting access to cash receipts to specific personnel, the business can establish a system of checks and balances.