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Colin is working on the audit of Bagram LLC and is currently checking the sales and revenue accounts. Colin decides to check whether a sample
Colin is working on the audit of Bagram LLC and is currently checking the sales and revenue accounts. Colin decides to check whether
a sample of sales invoices match the companys predetermined price list. Which of the following controls does this represent?
A This is an example of a detective control, as Colin is attempting to detect whether any unauthorized or different amounts
have been input.
B This is an example of an IT accuracy control, as if amounts are noted on the sales invoices that dont match the companys
price list; they are likely to be inaccurate.
C This represents an example of a preventive control, as sales invoices should be priced automatically using the companys
predetermined prices.
D None of these answer choices are correct.
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