Identify the corrective control below. Counting inventory on hand and comparing

Question

Identify the corrective control below.

Counting inventory on hand and comparing counts to the perpetual inventory records.

Reconciling the bank statement to the cash control account.

Approving customer credit prior to approving a sales order.

Maintaining frequent backup records to prevent loss of data.

Counting inventory on hand and comparing counts to the perpetual inventory records.

Reconciling the bank statement to the cash control account.

Approving customer credit prior to approving a sales order.

Maintaining frequent backup records to prevent loss of data.

Explanation / Answer

Counting inventory on hand and comparing counts to the perpetual inventory records.

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