Multiple Choice
Which of the following is a preventive control for fraud?
A) Determining if the number of manually prepared disbursement checks is high.
B) Reconciling the purchase orders with the requisitions.
C) Verifying that new vendors appear on the vendor pre-approved list.
D) Conducting an inventory count of the warehouse.
Correct Answer:
Verified
Correct Answer:
Verified
Q344: An auditor receives anonymous information that fraud
Q345: Which of the following is a responsibility
Q346: The internal audit activity of an organization
Q347: The newly appointed chief audit executive (CAE)
Q348: The internal auditor is asked to conduct
Q350: Which of the following situations justifies the
Q351: According to the Standards, which of the
Q352: A chief audit executive has noticed that
Q353: If an auditor used nonstatistical sampling instead
Q354: A post-audit questionnaire sent to audit clients