Answered

If the disbursement function is not segregated to the accounts payable function

Sagot :

Merlynjoeestrellaviz

If the disbursement function is not segregated to the accounts payable function.

Answer:

If one individual is responsible for the disbursement

function and also has access to the accounts payable

records, unauthorized checks supported by fictitious

documents can be issued, and unauthorized

transactions can be recorded. This can result in theft of

the entity's cash.

Abdollviz

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  • In the acquisition and expenditure cycle those individuals authorizing procurement of goods and services (i.e. purchasing) should be separate from record keeping (i.e. accounts payable) and from the various departments that receive, store,

Step-by-step explanation:

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