IIA-ACCA practice question 11 of 35
Which two of the following are preventive controls in a check disbursement process? 1. Daily reconciliation of the bank account used for check…
Choose your answer, then check it against the explanation.
Which two of the following are preventive controls in a check disbursement process?
1. Daily reconciliation of the bank account used for check disbursements and prompt follow-up of un-
reconciled items.
2. Segregation of the following duties: establishing new vendors, approving checks, and reconciling
the bank account.
3. An activity report detailing who accesses the check disbursement system and the nature of any
action taken in the system.
4. Evidence of strong access controls ensuring that authorized individuals have access only to the
functions related to their responsibilities.
Question 11 of 35
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