There are three types of controls: preventive, detective, and corrective. List some examples of each type. Explain
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There are three types of controls: preventive, detective, and corrective. List some examples of each type. Explain which type of control auditors would focus on while evaluating a company’s effectiveness of controls and why.
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Preventive controls are designed to deter problems before they arise Preventiv...View the full answer
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Related Book For
Accounting Information Systems
ISBN: 978-1260153156
2nd edition
Authors: Vernon Richardson, Chengyee Chang, Rod Smith
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