Compensating controls
A)occur before the transaction is complete.
B)are controls used by auditors to offset the risk in another procedure.
C)are used because it is not cost effective to implement particular control procedures.
D)if effective will prevent misstatements in a timely fashion.

Question

Quizplus · Accepted Answer

Compensating controls are alternative controls that are used when primary controls are not feasible due to cost or other constraints. They are designed to achieve the same control objectives in a different manner.

Compensating Controls