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a. Disclosing lack of segregation of duties to the external auditors during the annual review. b. Replacing personnel every three or four years. c. Requiring accountants to pass a yearly background check. d. Allowing for greater management oversight of incompatible activities.
The current scenario is dangerous and high risk of frauds, mis appropriation and mis use of inherent powers.
To overcome such issues is (d) to let the Management is aware of this issue and to provide extra over sight in this area and then (b) Rotate the personnel every2-3 years to detect any fraud which may have occured in near past.
(A) is correct
d. Allowing for greater management oversight of incompatible activities