What is the rationale for the internal control principle, segregation of duties?

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What is the rationale for the internal control principle, segregation of duties?

 

Segregation of duties causes companies to hire more employees and thus it supports the economy.

 

History has shown that employees are generally dishonest and thus cannot be entrusted with performing related duties.

 

Control is most effective when only one person is responsible for a give task.

 

The work of one employee should, without duplication of effort, provide a reliable basis for evaluating the work of another employee.
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