Question: of duties comtiol The four processing functions that constitute the segregation A. Authorizing events B. Executing events C. Recording events D. Safeguarding resources Required: Below

 of duties comtiol The four processing functions that constitute the segregation

of duties comtiol The four processing functions that constitute the segregation A. Authorizing events B. Executing events C. Recording events D. Safeguarding resources Required: Below is a list of ten events-processing activities, five relating to the cycle of activities involved in processing a sales event and seven relating to the cycle for a purchase event. Classify each of the twelve activities into one of the four functional categories listed above by placing the letter A, B, C, or D on the answer line to the left of each number. You should use only one letter for each of the answers EVENT-PROCESSING ACTIVITIES (For a sales event) The order entry department instructs the shipping department to ship goods to a customer by sending an approved document to the shipping department. 1. 2. The shipping department keeps inventory items in a locked storeroom. 3. The billing department prepares and mails a bill to the customer. 4The invoice in item 3 is added to the customer balance in the accounts receivable master data. 5. The general ledger bookkeeper enters a sales event in a data file. For a purchase event) The purchasing department is requested to order goods. 6. 7. The purchasing department receives a signed request document from the inventory control department. 8. The purchasing department manager reviews and signs all order documents in excess of $100 9. The goods are received from the vendor. 10. The receiving department completes the receiving report

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