What are the three rules that ensure that no single employee or department processes a transaction in its entirety?
What will be an ideal response?
The three rules that ensure segregation of functions are:
1. Transaction authorization should be separate from transaction processing
2. Asset custody should be separate from asset record keeping.
3. The organization structure should be such that the perpetration of a fraud requires collusion between 2 or more individuals.
PTS: 1
Computer Science & Information Technology
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Fill in the blank(s) with correct word
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Methods in a class are static instance methods by default.
Answer the following statement true (T) or false (F)
Computer Science & Information Technology