segregation of duties
Definition 1
Control policy according to which no person should be given responsibility for more than one related function. For example, the person responsible for purchasing should not also be responsible for its payment. Also called separation of duties.
Definition 2
Methods and procedures established as an internal check on activities through separation of (1) custody of assets from accounting personnel, (2) authorization of transactions from custody of associated assets, and (3) operational responsibilities from record-keeping responsibilities.
segregation of duties is in the Entrepreneurship, Management, & Leadership subject.
segregation of duties appears in the definitions of the following terms: separation of duties, accounting controls and preventive controls
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