The Bank Reconciliation Uncovered a Transposition Error in the Books

question 7

Multiple Choice

The bank reconciliation uncovered a transposition error in the books.This is an example of a

• A)preventive control
• B)detective control
• C)corrective control
• D)none of the above

---

Definitions:

Crisis Management Team

A group of individuals designated to lead and coordinate an organization's response to a major, unexpected event that poses a significant threat.

Quick Response

The ability or action of rapidly reacting or replying to a situation or query, often considered crucial in emergency, service, or customer satisfaction contexts.

Crisis Management Program

A structured approach prepared by organizations to identify, assess, and address potential crises, minimizing impact and guiding recovery.

Anticipate

Anticipate means to foresee or predict the likely occurrence of something and prepare for it in advance, often used in strategic planning and decision-making processes.