Internal controls can be detective controls that
A) stop something management does not want to happen from occurring.
B) identify fraudulent activities that have already occurred.
C) do not quantify fraudulent activities.
D) indicate when something that management wanted to happen occurred.
Correct Answer:
Verified
Q51: An accounts payable clerk also has cheque
Q52: Internal auditors
A)are hired by independent accounting firms
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Q54: Physical controls to safeguard assets do not
Q55: Which of the following is not a
Q57: Two employees at a retail store work
Q58: Control over cash disbursements is generally more
Q59: A system of internal control can only
Q60: Having one person responsible for the related
Q61: A cheque in the amount of $425
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