00:01
Okay, so when we're doing an analysis of internal controls, we're going to understand that there's three different types of generally three different types of internal controls, corrective controls, preventative controls, as well as detective controls.
00:18
So basically, given the options that are provided, we need to determine the corrective controls.
00:28
All right.
00:29
So this is basically to ensure that the correct pieces of information is given, is maintained.
00:38
That's basically what the corrective controls are all about.
00:42
Preventative controls, on the other hand, basically to avoid outcomes that are undesirable from occurring.
00:54
Detective controls, on the other hand, are meant to be able to establish.
00:58
Errors when they do occur, including things such as fraud.
01:04
So those are detective controls.
01:06
So we are looking here at a list provided...