Select all that applyWhich of the following are preventive controls?Multiple select question.Performance reviewsSeparation of dutiesReconciliationsPhysical controls
Question
Select all that applyWhich of the following are preventive controls?Multiple select question.Performance reviewsSeparation of dutiesReconciliationsPhysical controls
Solution
The preventive controls from the options provided are:
- Performance reviews
- Separation of duties
- Reconciliations
- Physical controls
All of these controls are designed to prevent errors or irregularities from occurring in the first place.
Similar Questions
Select all that applyWhich of the following are components of internal control?Multiple select question.MonitoringRisk assessmentControl environmentAccounting standardsControl activities
Select all that applyWhich of the following are detective controls?Multiple select question.Physical controlsAuditsPerformance reviewsProper authorizationReconciliations
Select all that applyThe control function of management:Multiple select question.rewards people for work well donegives workers the education and tools they need to make decisionstakes corrective action when necessarymeasures performance relative to the planned objectives and standards
Select all that applyThe standards used in the control process must be:Multiple select question.attainablevaguespecificmeasurable
Select all that applyEach of the following are types of technological impacts related to internal control:Multiple select question.reduced processing errorsmaintaining adequate recordsmore extensive testing of recordsseparation of dutiesestablish responsibilitiesnew evidence of processing
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.