True/False
An example of a corrective control is requiring that on a regular basis management must follow up on all errors and irregularities identified.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q92: Accrual accounting is an accounting system in
Q93: An account receivable is _.<br>A)an accrual<br>B)a deferral<br>C)a
Q94: In June,Team Shirts collected $2,250 from customers,paid
Q95: On July 1,Team Shirts paid $600 for
Q96: Team Shirts sold $125 worth of T-shirts
Q98: If a company spends $25 on copy
Q99: Detective controls are _.<br>A)designed to monitor business
Q100: Assets are recorded at their original cost
Q101: The historical-cost principle refers to _.<br>A)measuring financial
Q102: A deferral transaction is one in which