SkyView Inc., a small startup company,
has hired you as a consultant to assess its financial systems and related
processes. During your review, you learn that the company's accountant is
responsible for providing general ledger access to others in the company,
processing all financial transactions in the general ledger, and printing
checks. The president of the company must authorize write-offs in the system,
but the accountant has access to the president's username and password.
Prepare a memo to SkyView's president
assessing these responsibilities in the context of segregation of duties.
The company's accountant is responsible
for :
1.
providing general ledger access to others in the company,
2.
processing all financial transactions in the general ledger,
3.
printing checks.
4.
has access to the president's username and password *
*(The president of the company must
authorize write-offs in the system,)
.
Sample question and answer: https://www.unicaservice.it/fso5mlz/bec-sample-questions.html