Choose from the list below the best control activity to prevent unauthorized changes to the vendor table that may result in fraudulent purchases or loss of financial assets.
A) Regularly review approved vendors and their performance. Update the database to remove inactive vendors and those who do not meet performance standards.
B) All purchases routed through the purchasing department
C) Segregation of duties
D) Implement training for employees who communicate with vendors for purchasing.

Question

Quizplus · Accepted Answer

Segregation of duties is a fundamental control activity that prevents unauthorized changes by dividing responsibilities among different individuals, reducing the risk of fraud or errors.

Choose from the List Below the Best Control Activity to Prevent