An Example of a Preventive Control Is

question 74

Multiple Choice

An example of a preventive control is

• A) the use of a bank account
• B) separation of the Purchasing Department and Accounting Department personnel
• C) bonding employees who handle cash
• D) accepting payment in currency only

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Definitions:

Environmental Return

The ecological benefits or positive environmental impacts resulting from conservation activities or sustainable practices.

Financial Data

Quantitative information about monetary transactions, including revenues, expenses, assets, and liabilities, used for analysis and decision-making.

Measurable Factors

Quantifiable elements or variables that can be used to gauge progress, performance, or success in achieving objectives.

Organizational Performance

A measure of how effectively and efficiently an organization achieves its objectives and fulfills its mission.