Certified Information Systems Auditor (CISA) — Question 151

Which of the following is the BEST recommendation to prevent fraudulent electronic funds transfers by accounts payable employees?

Answer options

• A. Periodic vendor reviews
• B. Independent reconciliation
• C. Re-keying of monetary amounts
• D. Dual control

Correct answer: D

Explanation

The correct answer, D. Dual control, is effective because it requires two individuals to authorize transactions, reducing the risk of fraud. Options A and B, while useful for oversight, do not directly prevent unauthorized transfers. Option C, re-keying monetary amounts, does not adequately mitigate fraud risks as it could still be manipulated by a single individual.