Bonding personnel who handle cash and conducting background checks
A) automated controls.
B) external controls.
C) human resource controls.
D) physical controls.

Question

Quizplus · Accepted Answer

Bonding personnel who handle cash and conducting background checks are examples of human resource controls, which involve screening, hiring, training, and monitoring employees to reduce the risk of fraud or error. This helps to ensure that only trustworthy individuals are hired and that they understand the importance of maintaining the accuracy and confidentiality of financial information. Automated controls use technology to detect and prevent errors or fraud, external controls involve oversight by third-party entities, and physical controls involve securing assets and restricting access to sensitive areas.

Bonding Personnel Who Handle Cash and Conducting Background Checks