10 Questions
Which type of control focuses on proper authorization of transactions and adequate segregation of duties?
Primary controls
Which type of control involves monthly reconciliations and periodic audits?
Detective controls
Which type of control includes policies and procedures, disciplinary actions, and training and staff awareness?
Corrective controls
Which type of control uses cash registers, increased supervision, and providing receipts?
Compensating controls
Which type of control includes IT policies, code of conduct, and oversight of controls?
Entity-level controls
Which type of control involves storing petty cash in a locked safe?
Preventative controls
Which type of control includes computer passwords and access controls?
Preventative controls
Which type of control involves monthly reconciliations and periodic audits?
Detective controls
Which type of control focuses on employee screening and training?
People-Based controls
Which type of control includes policy and procedure manuals and employee training?
Directive controls
Test your knowledge on different types of controls, including primary, secondary, IT general, IT application, entity level, financial, operating, people-based, and system-based controls. Learn about preventative controls such as proper authorization of transactions and adequate segregation of duties. Challenge yourself and enhance your understanding of control frameworks in this quiz.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
