Which of the following is NOT a primary control procedure to minimize the occurrence of fraud?
A)Dual custody
B)Systems of authorization
C)Internal audit department
D)Documents and records

Question

Quizplus · Accepted Answer

Internal audit department is not a primary control procedure to minimize the occurrence of fraud, but rather a secondary control procedure that helps to detect and reduce the impact of fraud after it has occurred. Primary control procedures include dual custody, systems of authorization, and documents and records, which aim to prevent fraud from occurring in the first place.

Which of the Following Is NOT a Primary Control Procedure