Question

Janet is the purchasing agent at frameco manufacturing. her duties include vendor selection and ordering materials. due to a recent economic downturn and resulting cut backs, janet has been assigned the additional duty or preparing receiving reports after comparing the goods received to the purchase order. this is an example of?

Answer 1

This is an example of "a lack of segregation of duties."

Since Janet's job as a purchasing agent includes setting up the buy requests and she is additionally contrasting things got with the buy orders, there is a lack of segregation of duties.  

 

Segregation of Duties is a fundamental building square of feasible hazard administration and inside controls for a business. The guideline of SOD depends on shared duties of a key procedure that scatters the basic elements of that procedure to in excess of one individual or office. Without this partition in key procedures, extortion and blunder dangers are far less reasonable.