Question

An organization hired a highly qualified accounts payable manager who had been terminated from another organization for alleged wrongdoing. Six months later, the manager diverted US $12,000 by sending duplicate payments of invoices to a relative. A control that might have prevented this situation is to

Answer 1

Answer:

The correct answer is A. Adequately check prior employment backgrounds for all new employees.

Explanation:

It is not enough to simply evaluate the resume and know the candidates' strongest skills, since it may happen that they omit or hide information only to advance in the process and be chosen for the vacant position. In this sense, it is important to carry out verifications of the information provided in order to know exactly what the previous experience, studies and skills have been in search of minimizing the risks associated with money management.