Which is not among the principles contained in the development of the science of internal control? *

Segregation of duties is one of the most important control activities to minimize incompatible functions. It can take many forms, depending on the specific duties to be controlled. Select answer below that is not part of the objectives of segregation of duties. a. Responsibility for asset custody should be separate from the record-keeping responsibility.b. The organization should be structured so that successful fraud requires collusion between two or more individuals with incompatible responsibilities.c. The segregation of duties should be such that the authorization for a transaction is separate from the processing of the transaction.d. The segregation of systems development and operations activities should be extremely formal, and their responsibilities should not be comingled. Explain the answer in 100 - 150 words

6 Who has the responsibility to carry out the Fraud Risk Assessment (FRA)? And what skills should an individual/team have in conducting FRA?

What is the ethical value of applying the Fraud Triangle to assess the risk of material misstatements in the financial statements?

one of the components of internal control is the control activities;which are the policies and procedures that help ensure that necessary actions are taken to address risks to the achievement of the entity objectives. what are the most important control activities (explain each of these control activities)?

6 Discuss deterrence, prevention, and detection in governmental fraud. What do you think is the best aapproach and why?

Internal control is designed to provide: : A Certainty. B Freedom from fraud. C Reasonable assurance. D Truth.

Define the term fraud.

Please ASAP

Ay   In addition to the fraud triangle, what are a couple other tools used to indicate the potential for fraud. Explain them