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Business, 12.04.2021 23:10 vale2652

Consider the situation whereby midlevel managers of a regional bank receive reimbursement for personal travel claimed on a travel authorization form as travel to a banking conference. Requiring that official meeting announcements and agendas be submitted to supervisors before approving travel would be an independent verification physical control. be an example of transaction authorization physical control. be a corrective control. primarily achieve the objective of ensuring the accuracy and reliability of the financial records.

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