Which of the following controls should assist in preventing fraudulent makers:

Question

Quizplus · Accepted Answer

Strict control of the check signing machine and control of blank check stock are both important controls in preventing fraudulent makers. The check signing machine should be kept under lock and key to prevent unauthorized use, and blank check stock should be stored in a secure location with access limited to authorized personnel. Prohibition on the use of facsimile signatures may also be a control, but it is not as effective in preventing fraudulent makers as the other two controls.

Which of the Following Controls Should Assist in Preventing Fraudulent