menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing Study Set 3
  4. Exam
    Exam 7: Understanding and Testing the Clients System of Internal Controls
  5. Question
    The Purpose of Preventive Controls Is to Discover Fraud or Errors
Solved

The Purpose of Preventive Controls Is to Discover Fraud or Errors

Question 42

Question 42

True/False

The purpose of preventive controls is to discover fraud or errors that may have occurred
during transaction processing and to rectify those errors.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: Control risk refers to the risk that

Q12: The concept that no one employee should

Q19: Checklists and preformatted questionnaires are particularly helpful

Q37: Harry Karas was involved in getting a

Q39: In trying to determine whether there is

Q40: Which of the following is an element

Q41: Which of the following statements is correct?<br>A)

Q45: Theo Lillis performs the following application control

Q46: CAS 260 Communication with Those Charged with

Q47: Detection risk refers to<br>A) the susceptibility of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines