6.1 Classify each of the following controls as preventative, detective, or corrective. 6.1.1 Implementation of segregation of duties. 6.1.2 The use of pre-numbered sales invoices. 6.1.3 Security guards are assigned to all entrances and exits of the company building. 6.1.4 The performance of personnel performance reviews every six months. 6.1.5 The preparation of a debtor’s reconciliation. 6.1.6 The issue of internal audit reports on the sales department audit. 6.1.7 Frequent reviews of the log of amendments to the employee masterfile. 6.1.8 All new employees must write a computer literacy test.

6.1 Classify each of the following controls as preventative, detective, or corrective. 6.1.1 Implementation of segregation of duties. 6.1.2 The use of pre-numbered sales invoices. 6.1.3 Security guards are assigned to all entrances and exits of the company building. 6.1.4 The performance of personnel performance reviews every six months. 6.1.5 The preparation of a debtor’s reconciliation. 6.1.6 The issue of internal audit reports on the sales department audit. 6.1.7 Frequent reviews of the log of amendments to the employee masterfile. 6.1.8 All new employees must write a computer literacy test.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments

Section: Chapter Questions

Problem 21RQSC

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