Asked by Dontillia

What is a type of internal control?
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Answered by GPT-4o mini
A type of internal control is **segregation of duties**. This control ensures that no single individual has control over all aspects of a financial transaction, which helps reduce the risk of errors and fraud. By dividing responsibilities among different individuals—such as those who authorize transactions, process them, and record them—organizations can create a system of checks and balances, enhancing the overall integrity of their financial reporting and operational processes.