Overview of Control Concepts
{"Image DocumentName": "Overview of Control Concepts", "Image ImageDescription": "LO# 1. Overview of Control Concepts. Three main functions of internal control: Preventive controls deter problems before they arise. (Authorization) Detective controls find problems when they arise. (Bank reconciliations and monthly trial balances) Corrective controls fix problems that have been identified. (Backup files to recover corrupted data) Computerized environment: General controls pertain to enterprise-wide issues such as controls over accessing the network, developing and maintaining applications, documenting changes of programs, etc. Application controls are specific to a subsystem or an application to ensure the validity, completeness and accuracy of the transactions.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}