Which of the Following Best Defines Detection Controls

question 36

Multiple Choice

Which of the following best defines detection controls?

• A)Controls that are applied after transactions have been processed to identify whether fraud or errors have occurred, and to rectify the fraud or errors on a timely basis
• B)The collective assessment of the client's control environment, risk assessment process, information system, control activities and monitoring of controls
• C)Controls that affect a particular transaction cycle or group of transactions
• D)Controls that determine the flow of documents through the system

---

Definitions:

Involved Grandparenting

The active engagement and participation of grandparents in their grandchildren's lives, including caregiving and support.

Grandparents

Individuals who are the parents of one's parents, often playing significant roles in familial relationships and heritage.

Raising

The act of caring for and nurturing someone, often in reference to children, until they are grown up.

Financial Well-being

Relates to managing one's finances in a way that fulfills personal needs, supports a comfortable lifestyle, and allows for financial security.