Economics · Auditing and Internal Control
A company implements a policy requiring dual signatures on any purchase order above $50,000. This is an example of what type of internal control?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Corrective Control
- 2Preventive Control✓
- 3Detective Control
- 4Directive Control
Correct answer
Preventive Control
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