Types of Controls and Control Frameworks Quiz
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which type of control focuses on proper authorization of transactions and adequate segregation of duties?

  • Primary controls (correct)
  • Detective controls
  • Directive controls
  • Compensating controls

    • Which type of control involves monthly reconciliations and periodic audits?

  • Detective controls (correct)
  • Compensating controls
  • Primary controls
  • Directive controls

    • Which type of control includes policies and procedures, disciplinary actions, and training and staff awareness?

  • Corrective controls (correct)
  • Entity-level controls
  • Preventative controls
  • Operating controls

    • Which type of control uses cash registers, increased supervision, and providing receipts?

    <p>Compensating controls</p> Signup and view all the answers

    Which type of control includes IT policies, code of conduct, and oversight of controls?

    <p>Entity-level controls</p> Signup and view all the answers

    Which type of control involves storing petty cash in a locked safe?

    <p>Preventative controls</p> Signup and view all the answers

    Which type of control includes computer passwords and access controls?

    <p>Preventative controls</p> Signup and view all the answers

    Which type of control involves monthly reconciliations and periodic audits?

    <p>Detective controls</p> Signup and view all the answers

    Which type of control focuses on employee screening and training?

    <p>People-Based controls</p> Signup and view all the answers

    Which type of control includes policy and procedure manuals and employee training?

    <p>Directive controls</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser