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Which activity is a preventive control

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Reference no: EM132768555

Problem 1: Which activity is a preventive control?

A. Matching recognition

B. Adequate documents

C. Physical control

D. Independent checks

Proper segregation of duties requires that one person not perform three specific separate functions with respect to a single transaction. Two of those functions are authorization and custody of assets.

Problem 2: What is the third function that should be performed by a different person if proper segregation of duties is to be maintained?

A. Risk assessment

B. Record keeping

C. Investment strategy

D. Financial structure

Reference no: EM132768555

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