Types of Control Activities

Proper authorization of transactions.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Seeking the supplier’s repair services within the warranty period.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Construction of enclosed store room/warehouse for inventories.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Physical count of biological assets.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Adequate documentation and control of assets.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Internal and independent external audits detect errors, irregularities, and non-compliance with laws and regulations.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Comparison between the minimum acceptable spoilage rate and the actual spoilage of perishable goods kept for consumption and/or distribution.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Adequate segregation of duties.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Trend analysis to ascertain the demand/usage of an item of raw materials for production.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE

Preparing the Report of Accountability for Accountable Forms on a monthly basis.

• PREVENTIVE

• DETECTIVE

• CORRECTIVE