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BISINDE ABDU's image
Question added by BISINDE ABDU Student Services Manager KYAMBOGO UNIVERSITY
3 years ago
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Answer added by  Deleted user
11 years ago

Dear Ibrahim! As you know budget is a planning & controlling tool for business,it is helpful to monitor at the money going in and out across a whole year Here are few ... See More

Farrukh Shah's image  
Answer added by  Farrukh Shah, Branch Operations Manager , Soneri Bank Limited
8 years ago

The controls designed to prevent an error before it occurs are preventive and controls designed to catch errors after occurrence are detective controls. i.e Segregation o ... See More

Almutaz Bakry Sidahmed's image  
Answer added by  Almutaz Bakry Sidahmed, Internal Audit Manager, Banan real estate
8 years ago

Preventive: (helps in preventing the risk before its occurence), some examples: Authorization and approval procedures;  Supervision (assigning, reviewing/approving, guid ... See More

imran Noor -'s image  
Answer added by  imran Noor -, Audit Officer, Auditor General of Pakistan
8 years ago

The controls designed to prevent an error before it occurs are preventive and controls designed to catch errors after occurrence of are detective controls.