Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following describes preventive controls? (Several choices may be correct.) Expected to be 100% effective. Easily verified as to whether the control has

image text in transcribed

Which of the following describes preventive controls? (Several choices may be correct.) Expected to be 100% effective. Easily verified as to whether the control has worked. Designed to stop misstatement from occurring. O Applied to each transaction prior to entering transactions into the accounting system. Applied to each transaction after transactions have been processed. Designed to detect fraud or errors that have occurred

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Sector Accounting And Finance

Authors: Prof Stephen Sunday Sharang Ph.D.

1st Edition

979-8639273353

More Books

Students also viewed these Accounting questions

Question

55. Verify the formula for the distribution of given for the model.

Answered: 1 week ago

Question

3. Explain the forces that influence how people handle conflict

Answered: 1 week ago