Write a short essay (approximately 300 words) about the segregation of duties and how segregation of duties should be (or are) incorporated in your business, industry, or company.

Economic inequality poses significant challenges, including limited access to resources, increased social tensions, and reduced economic mobility. The wealth gap between the rich and poor exacerbates social disparities, impacting education, healthcare, and opportunities.

Segregation of duties in businesses helps prevent fraud and errors by dividing tasks among different individuals. For instance, in accounting, the person handling payments should not be the same person reconciling accounts to ensure accuracy and accountability.

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