Identify whether each of the following activities represents preventative controls, detective controls, or corrective controls:
Establishing a code of ethics
Recalculating totals on computer
Performing comparisons of financial statement items
Matching supporting documents before paying an invoice
Segregation of duties
Verifying source documents before recording transactions
Preparing batch totals for check processing
Use of passwords
Preparation of a bank reconciliation
Job rotation
This question was answered on: May 23, 2022
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