Multiple Select Question

Select all that apply

Describe the internal control principle of dividing responsibility for related transactions by selecting the correct statements below. $($Check all that apply.$)$

This principle is often called separation of duties.

Examples of transactions with divided responsibility are placing inventory orders and paying vendors.

This principle calls for a duplication of work so that comparisons can be made.

This principle helps to make sure that the work of one individual acts as a check on another individual's work on a related transaction.