Preventive controls include:
A) independent checks.
B) segregation of duties.
C) documents and records.
D) financial statement reviews.

Name: Preventive controls include: A) independent checks. B) segregation of duties. C) documents and records. D) financial statement reviews.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Segregation of duties is a preventive control designed to prevent errors and fraud by ensuring that no single individual has control over all aspects of a financial transaction.

Preventive Controls Include