Giving only management the right to make purchases over a certain amount is an example of which preventive control?
A) Separation of duties.
B) Physical controls.
C) Proper authorization.
D) Employee management.
Correct Answer:
Verified
Q62: What is the concept behind separation of
Q63: Checking actual outcome of individuals or processes
Q65: Having management periodically determine whether the amount
Q67: Fraudulent reporting by management could include:
A)Fictitious revenues
Q68: Which of the following best describes the
Q69: The components of internal control do not
Q70: Which of the following is NOT a
Q71: Which employees are the ones who must
Q79: Which of the following is not an
Q86: Having an independent party assess each year
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents