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1. Identify whether each of the following activities represents preventative controls, detective controls, or corrective controls: Establishing a code of ethics Recalculating totals on computer
1. Identify whether each of the following activities represents preventative controls, detective controls, or corrective controls: Establishing a code of ethics Recalculating totals on computer Performing comparisons of financial statement items Matching supporting documents before paying an invoice Segregation of duties Verifying source documents before recording transactions Preparing batch totals for check processing Use of passwords Preparation of a bank reconciliation Job rotation
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