Ask Question
24 March, 00:26

Identify the corrective control below.

a. Reconciling the bank statement to the cash control account.

b. Approving customer credit prior to approving a sales order

c. Maintaining frequent backup records to prevent loss of data

d. Counting inventory on hand and comparing counts to the perpetual inventory records

+4
Answers (1)
  1. 24 March, 00:38
    0
    The answer is D. Counting inventory on hand and comparing counts to the perpetual inventory records

    Explanation:

    Corrective controls are designed to correct errors or irregularities that have been detected and this can only be achieved if comparison of counts are made be going through the records another time.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Identify the corrective control below. a. Reconciling the bank statement to the cash control account. b. Approving customer credit prior to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers