Which of the following controls can minimize the threat of check alteration?

Question

Quizplus · Accepted Answer

The use of positive pay is a control where the company provides a list of checks it issues to the bank. When a check is presented for payment, the bank compares it to the list provided by the company. If the check matches the list, it is paid. If there is a discrepancy, the bank contacts the company for approval. This control can help minimize the threat of check alteration since any altered or unauthorized check would not match the list and would not be paid. The other options do not directly address the threat of check alteration.

Which of the Following Controls Can Minimize the Threat of Check