At Radiant, Inc., the sales depar thent is aiso Tespoisible T et transactions as it does not have a separate accounting departme In the above situation, which internal control procedure needs strengthening? documents O separation of duties O assignment of responsibilities competent, reliable, and ethical personnel
Expert Answer
Internal control procedures Separation of duties needs strengthening.
Separation of duties means only one individual or department is given responsibility to execute only one related duty .That means no one person or department has too many responsibilities .This will help to mitigate the risk by preventing mistakes and fraud.