An accountant discovered a bank error while reviewing the bank statement,and called the bank to correct the mistake.This call is an example of a ________.
A)business control
B)detective control
C)corrective control
D)preventive control

Question

Quizplus · Accepted Answer

A corrective control is intended to fix an error or mistake after it has occurred. In this case, the accountant discovered an error on the bank statement and took action to correct it by calling the bank.

An Accountant Discovered a Bank Error While Reviewing the Bank