Which of the following is NOT a primary control procedure to minimize the occurrence of fraud?
A) Dual custody
B) System of authorizations
C) Internal audit department
D) Documents and records

Question

Quizplus · Accepted Answer

While an internal audit department can help detect and prevent fraud, it is not a primary control procedure to minimize its occurrence. The other options, dual custody, system of authorizations, and documents and records, are all important primary control procedures to minimize fraud.

Which of the Following Is NOT a Primary Control Procedure