Segregation of duties for the property management process


Segregation of duties for the property management process should include all of the following, except:

A. The PP&E records function should be part of the custodial function.

B. If a periodic physical inventory of property, plant, and equipment is taken, the individual responsible for the inventory should be independent of the custodial and record-keeping functions.

C. The PP&E records function should be segregated from the general ledger function.        

D. The function of initiating the purchase of a capital asset acquisition should be segregated from the final approval function

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Financial Management: Segregation of duties for the property management process
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