Exam CISA topic 1 question 440 discussion

While independent reconciliation (option B) is also an important control measure, it typically involves reconciling financial records independently of the transaction processing function. While this can help detect errors or discrepancies, it may not prevent fraudulent transfers from occurring in the first place. Therefore, dual control would be the BEST recommendation to prevent fraudulent electronic funds transfers by accounts payable employees, as it adds an extra layer of scrutiny and authorization to the process.

D. Dual control. Independent Reconciliation won't prevent since it is detective control.

This refers to the practice of having two individuals, such as an accounts payable supervisor and another member of the accounts payable team, involved in approving and processing electronic funds transfers. This helps to ensure that fraud or errors are caught before they can cause harm to the organization, and provides an additional layer of oversight and accountability.

let me share this answer: Which of the following is preventive anti-fraud control? A．Continuous audit technology. B．Fraud awareness training. C．Tip-off hotline. D．Independent reconciliation. it s D