CIMA Fundamentals of financial accounting BA3 Question # 36 Topic 4 Discussion

CIMA Fundamentals of financial accounting BA3 Question # 36 Topic 4 Discussion

BA3 Exam Topic 4 Question 36 Discussion:
Question #: 36
Topic #: 4

Which one of the following internal controls is designed to prevent errors and fraud?


A.

Confirmation of payables balances with suppliers.


B.

Requiring cheques over a certain amount to be signed by two signatories.


C.

Bank reconciliations.


D.

External audit.


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