Segregation of Duties: Benefits & Risks


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Which of the following is NOT a characteristic of internal controls?

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1. Which of the following is NOT true of segregation of duties?

2. Identify what is described in the following scenario: Jack implemented controls to ensure incompatible functions were segregated but he later discovered that a cashier and her manager had been working together to pocket money from processing price overrides.

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About This Quiz & Worksheet

What does segregation of duties mean? You can assess your knowledge of this term and review its benefits and risks by using the quiz/worksheet combo.

Quiz & Worksheet Goals

Take the quiz to check your understanding of:

  • How segregation of duties works
  • Benefits of segregation of duties
  • Functions associated with segregation of duties
  • Internal control characteristics

Skills Practiced

  • Reading comprehension - ensure that you draw the most important details from the lesson on segregation of duties
  • Information recall - access the knowledge you have gained about the process of working together to pocket money from processing price overrides
  • Knowledge application - use your knowledge to answer questions about the way in which segregation of duties works as well as its benefits

Additional Learning

Review more about this concept by using the lesson called Segregation of Duties: Benefits & Risks. You can use this lesson anytime to complete the following objectives:

  • Define internal control
  • Identify risks associated with segregation of duties
  • Understand why segregation of duties exists