Unformatted text preview: conceal fraud or errors in the course of their normal duties. These duties include: The custody of and the transaction affecting any assets, recording the transactions, and any execution of transaction activity. For example one person should be in charge of the deposits while another is in charge of tracking and entering in the deposit information. This keeps one person from being able to take small amounts of money and not enter it into the bookkeeping software allowing fraud to take place....
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This note was uploaded on 01/20/2012 for the course ACCOUNTING 101 taught by Professor Dubai during the Spring '11 term at Abu Dhabi University.
- Spring '11