Short Answer
Listed below are various controls found in a system of internal control.
Required: Label each of the following controls as preventive (P),detective (D),or corrective (C).
________ 1.Transaction trail
________ 2.Rotation of duties
________ 3.Reconciliation
________ 4.Visual verification
________ 5.Batch controls
________ 6.Endorsement
________ 7.Redundant processing
________ 8.Training of Personnel
________ 9.Batch balancing
________ 10.Automatic error correction
Correct Answer:

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1.C,2.P,3....View Answer
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