Question

In: Accounting

Which of the following best fits with the internal control of "Insurance" ? A.Preventive B.Detective C.Corrective...

Which of the following best fits with the internal control of "Insurance" ?

A.Preventive

B.Detective

C.Corrective

D.Mitigation

Solutions

Expert Solution

Answer is A. Preventive.

Explanation:

The measure of taking an insurance is Preventive measure of Internal control against various risks related to the assets of the company.


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