Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 21 (5 points) Of the following internal controls, which ones are considered a detective control (as opposed to a preventative control)? Mark all that
Question 21 (5 points) Of the following internal controls, which ones are considered a detective control (as opposed to a preventative control)? Mark all that apply!! There are more than one. Preparation of a bank reconciliation each month. Customers are sent a statement of outstanding balances to confirm they agree (if an employee deposited a payment in their personal account, the customer would argue the outstanding balance) Two people open mail and make a list of checks received. Inventory is kept in locked and secure location with limited access. Cameras are everywhere and monitors are in public sight so everyone knows they are on camera
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started