Implementing a system of independent checks is one of the most effective ways to deter fraud. Which one of the following is NOT a way of providing independent checks on employees?
A) Employee transfers
B) Audits
C) Mandatory vacations
D) Authorization required for purchases of over $2,000 or more

Question

Quizplus · Accepted Answer

Authorization for purchases is a control measure to prevent unauthorized spending or fraud, but it does not involve an independent check on employees' activities in the same way that audits, mandatory vacations, and employee transfers do. These latter measures involve reviewing, rotating, or temporarily replacing employees to ensure no single individual has unchecked power or opportunity to commit fraud.

Implementing a System of Independent Checks Is One of the Most