Hiring qualified personnel is an example of a ________ control, and procedures to resubmit rejected transactions are an example of a ________ control.

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Question restatement: Hiring qualified personnel is an example of a ________ control, and procedures to resubmit rejected transactions are an example of a ________ control.

Option A: 'corrective; detective' — This would imply hiring qualified personnel is a corrective control and resubmitting rejected transactions is a detective control. Hiring new staff to fix past problems is not typically corrective; corrective controls fix issues after they occur, and hiring is usually preventive. Resubmission procedures are also not detective controls by nature, which are designed to identify issues rather than fix them.

Option B: 'detective; corrective' — This pairing suggests hiring qualified personnel functions as a detective control, and resubmission procedures as a corrective control. Detectives identify problems after they occur, whereas hiring is proactive to prevent issues, so labeling it detective is inaccurate. Resubmission of rejected transactions is indeed a corrective action that fixes a problem, so the second part is plausible but the first part is not.

Option C: 'preventive; corrective' — This option assigns hiring qualified personnel to preventive controls (to prevent errors or fraud from occurring) and resubmission procedures to corrective controls (to correct issues after they are detected). This aligns with standard COSO/audit control language, where personnel hiring is a preventive measure and reprocessing/retrying transactions fixes issues.

Option D: 'detective; preventive' — This would mean hiring is a detective control (which aims to detect issues after they occur) and resubmission is preventive (to stop issues from occurring). Both ends are mismatched with typical control roles: hiring is not primarily a detection activity, and resubmission is not a preventive measure but a corrective one.

In summary, option C correctly matches the conventional roles of controls: hiring qualified personnel serves to prevent problems (preventive control), while procedures to resubmit rejected transactions serve to correct problems after they are detected (corrective control). The other options misclassify the roles of these controls, either by swapping the types or by applying the wrong category to the action described.

COMM_V 335 101 102 2025W1 FINAL EXAM - 2025W1 - Requires Respondus LockDown Browser

Hiring qualified personnel is an example of a control, and procedures to resubmit rejected transactions are an example of a control.

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COMM_V 335 101 102 2025W1 FINAL EXAM - 2025W1 - Requires Respondus LockDown Browser

Hiring qualified personnel is an example of a ________ control, and procedures to resubmit rejected transactions are an example of a ________ control.

查看解析

登录即可查看完整答案

类似问题

During a quarterly audit at Aerodynamic Aviation, Adam and Tessa discover irregularities in several cash-handling records, raising suspicion about a possible dishonest employee. According to good risk-management practices, which action helps reduce or prevent losses from internal dishonesty?

At an FBO reviewing its internal controls, Johan explains why strong record systems matter. What internal benefit does a good record system provide?

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Part 1The control procedure of prohibiting employees from accepting gifts is designed to reduce the risk of​ ________. Part 1 A. theft of inventory B. kickbacks C. fraudulent cash disbursements D. stockouts E. None of the above

Which one of the following will an auditor’s ICFR audit include?

更多留学生实用工具

希望你的学习变得更简单

Hiring qualified personnel is an example of a control, and procedures to resubmit rejected transactions are an example of a control.

Part 1The control procedure of prohibiting employees from accepting gifts is designed to reduce the risk of ________. Part 1 A. theft of inventory B. kickbacks C. fraudulent cash disbursements D. stockouts E. None of the above