Answer:
1. Preventive
2. Detective
3. Detective / Preventive
4. Preventive / Detective
Explanation:
Two people open mail and make a list of checks received. Preventive
<em>This will prevent any fraud from happening but it serves as checks and balances</em>
Customers are sent a statement of outstanding balances to confirm they agree (if an employee deposited a payment in their personal account, the customer would argue the outstanding balance). Detective
<em>If there has been any fraud of money collected from customers and taken by an employee,it will be revealed</em>
Inventory is kept in locked and secure location with limited access. Preventive
<em>Inventory being stored securely is to prevent theft</em>
Preparation of a bank reconciliation each month. Detective / Preventive
<em>Bank reconciliation will detect any fraud or error, in case employees have diverted deposits into personal accounts it will not reflect in the account. This also serves as a preventive measure because employees will be deterred from fraud if they know that they will be caught at the end of the month when a reconciliation is performed.</em>
Cameras are everywhere and monitors are in public sight so everyone knows they are on camera. Preventive / Detective
<em>Camera's serve as a preventive measure because employees will be deterred from fraud if they know that they will be caught at the end of the period when a CCTV review is performed. </em>
<em>It will also detect any theft in case employees have pilfered inventory or cash into personal belongings when no one was watching.</em>