Identify whether each of the following activities represents preventative controls, detective controls, or corrective controls: Job rotation
Question:
Job rotation
Preparation of bank reconciliation
Segregation of duties
Recalculating totals on computer reports
Use of passwords
Preparing batch totals for check processing -
Establishing a code of ethics
Use of a security guard
Verifying source documents before recording transactions
Matching supporting documents before paying an invoice
Independent review of accounting reports
Performing comparisons of financial statement items
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Related Book For
Accounting Information Systems The Processes and Controls
ISBN: 978-1118162309
2nd edition
Authors: Leslie Turner, Andrea Weickgenannt
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