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True or False: The principle of separation of duties states that important tasks should require more than one person to complete but it does not require the presence of two authorized people at all times. % % % %BAD QUESTION: Separation of duties is, i.e., not having the same person APPROVE an invoice as PAYS it. (The Sybex book gives the example of the A/P person not doing receivables but that's not a good example either).
True
False
The principle of separation of duties states that important tasks should require more than one person to complete. A group of two or more employees are less likely to carry out an unauthorized task, if this happen is called COLLUSION.
This can be sometimes confused with the two-man rule, which is a control mechanism designed to achieve a high level of security for especially critical material or operations. Under this rule all access and actions requires the PRESENCE of two authorized people at all times.
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