Requiring two signatures on any check in excess of $10,000 is an example of which type of control?
A)Input control.
B)Preventive control.
C)Detective control.
D)Processing control.

Question

Quizplus · Accepted Answer

Requiring two signatures on any check in excess of $10,000 is a preventive control because it is put in place to prevent errors or fraud from occurring. By requiring two signatures, it ensures that multiple individuals have reviewed the check and approve of its validity before it can be issued.

Requiring Two Signatures on Any Check in Excess of $10,000