Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. to ensure proper employee supervision and proper s

To ensure proper employee supervision and proper separation of duties, companies must develop and monitor...

90.2K

Verified Solution

Question

Accounting

To ensure proper employee supervision and proper separation of duties, companies must develop and monitor an organizational chart. One corporation that did this found that out of 17,000 employees, there were 400 people who did not report to anyone, and 35 people who reported to each other.

Why would unsupervised employees or employees who report to each other represent potential internal control threats?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

As a Pre-K Family Service Worker what additional skills, abilities and behaviors are needed for performance...

Psychology
Q

Explain the importance of Fanno and Rayleigh flows in the design of Nozzles for jet propulsion

Mechanical Engineering
Q

What are the different types of bond requirement in the construction industry?

Civil Engineering
Q

Prove Taylor's Theorem (using n=3 case)

Advance Math
Q

Long Haul, a truck parts manufacturer, is attempting to determine cost behavior of its overhead activities...

Accounting
Q

Volume of Soil 8 8 2023 Level 1 5 cm 8 8 2023 Level 2...

Biology
Q

1 O O Choose the correct genus of A spool of thread A genus 1...

Calculus
Q

54. Maroon and Gold Company's cash decreased by $8,000. Cash provided...

Accounting
Q

Williamson Corporation's Board authorized 100,000 shares of common stock with $6 par value. During the...

Accounting
Q

Provide the missing data in the following table for a distributor of martial arts products:...

Accounting
Q

Q.No.10: Prepare Cash flow statement from the following data using INDIRECT method: Balance Sheet as...

Finance
Q

An accountant just received a payment from a client on January 26 in the amount...

Finance