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Sagot :
The statement is True. The assignment of the responsibilities for the completion of same task to multiple people is one of the principle of internal control.
What is internal control?
Internal controls are the rules, regulations, and mechanisms channelized by a company to make the working smooth and smarter, instead of hard work. The company following the principles of internal control is said to perform the work more effectively and efficiently.
When for the completion of a single task the work is assigned to multiple people for avoiding duplication of work, helps the company to complete the task effectively and in lessor time. Thus, it becomes one of the important principle of internal control.
Therefore, the given statement is True.
Learn more about internal control, here:
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