Which of the following controls has the organization implemented?

An organizational policy requires one person to input accounts payable and another to do accounts receivable. A separate control requires one person to write a check and another person to sign all checks greater than $5,000 and to get an additional signature for checks greater than $10,000.

Which of the following controls has the organization implemented?
A . Segregation of duties
B. Job rotation
C. Non-repudiaton
D. Dual control

View Answer

Answer: A

Explanation:

Segregation of duties is a security control that requires multiple people to be

involved with completing a task. This helps prevent fraud, as it ensures that no one individual has the ability to commit fraud or make mistakes without other people being aware of it