Leo was a junior accountant at WRC Company. He was responsible for issuing and signing checks to all company suppliers. After a while, Leo's colleague in the accounting department resigned and Leo became responsible also for preparing monthly bank reconciliations. Leo noticed that the owner not interested in detailed disbursements done, the owner always request only summary of payments done by the company. Leo went through financial problems and started to pay his personal expenses through issuing checks to suppliers that do not exist then forging the checks to withdraw them personally. The owner discovered the fraud of Leo after two years and hired an external auditor to investigate the actions done by Leo. X The following action by Leo "He 0/4 was responsible for issuing and signing checks to all company suppliers" is a violation of internal control in :* O Accounting records O Not a violation of internal control O Segregation of duties Access control X 0/4 X The following action by the owner "the owner always request only summary of payments done by the company." is a violation of internal control in :* O Supervision Not a violation of internal control X Segregation of duties
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