CIMA BA3 · Chapter 8 · Question 6 of 10
Which of the following is best described as a detective control rather than a preventive control?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Preparing a monthly bank reconciliation
Explanation
A bank reconciliation identifies errors or irregularities after they have occurred, so it is a detective control. Authorisation, access restrictions and physical security are intended to stop errors and fraud happening in the first place.
More Control of accounting systems MCQs
- Q8Which of the following is an example of an access control in a computerised accounting system?
- Q9Who has the primary responsibility for preventing and detecting fraud in a company?
- Q10Which of the following is a limitation of any system of internal control?
- Q1What is the main purpose of internal controls in an accounting system?
- Q2Which of the following is an example of segregation of duties?