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You have just been hired by Global Gelatins. Your first assignment is to ensure that the correct alignment of risk and controls exists, and if

You have just been hired by Global Gelatins. Your first assignment is to ensure that the correct alignment of risk and controls exists, and if it does not, you need to create an updated version of an alignment and submit it for approval. Review the table below and match each control with the risk it is intended to mitigate.

Control

Risk

Non-collusion affidavits

Periodically review physical assets

Have management review accounting transactions

Perform fixed asset reconciliations

Initially approve fixed asset purchase

Enter assets into the main fixed asset file

Tag fixed assets

Have employee review and sign a code of conduct

Have management review acquisition agreements

Ensure policies limiting fixed assets expenditures Are clearly documented and authorized

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