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AAFM CTEP Exam - Topic 1 Question 3 Discussion

Actual exam question for AAFM's CTEP exam
Question #: 3
Topic #: 1
[All CTEP Questions]

An organization has implemented a software system that requires a supervisor to approve transactions that would cause treasury dealers to exceed their authorized limit. This is an example of which of the following types of controls?

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Suggested Answer: A

by Kanisha at May 06, 2022, 06:13 PM

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Florinda
2 months ago
No doubt, it's all about preventing unauthorized transactions.
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Avery
2 months ago
Wait, are we sure it's not a detective control?
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Kiley
2 months ago
I agree, it stops issues before they happen.
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Noel
3 months ago
That's definitely a preventive control!
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Tamie
3 months ago
}
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Francoise
3 months ago
]
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Arletta
3 months ago
}
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Alisha
3 months ago
"Candidate 4",
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Martin
4 months ago
{
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Mira
4 months ago
},
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Gracia
4 months ago
"Some questions test detective controls—detect after the fact; this seems to stop it first."
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Rochell
4 months ago
{
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Celeste
4 months ago
Seems a bit too strict, is that really necessary?
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Alisha
5 months ago
"Candidate 3",
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Gracia
5 months ago
"Not soft or directive; it's a formal preventive control."
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Ty
5 months ago
},
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Gracia
5 months ago
"I've seen similar practice questions label this as a preventive/authorization control."
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Alisha
5 months ago
"Candidate 2",
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Raelene
6 months ago
{
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Chantay
6 months ago
},
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Gracia
6 months ago
"I think it's preventive controls—the supervisor's approval should prevent the over-limit transaction, right?"
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Alisha
6 months ago
"Candidate 1",
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Ilona
6 months ago
{
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Stefan
6 months ago
[
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Celeste
7 months ago
{
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Chanel
7 months ago
This is a good opportunity to showcase my Salesforce knowledge. I'm confident that the recommendations I choose will make a significant impact on the business's manual order upload process.
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Paz
7 months ago
I'm confident that the answer is D. Recognition is the HR function that is centered on highlighting and rewarding positive employee behaviors and accomplishments.
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Fernanda
7 months ago
I feel like minifying JavaScript can improve load times, but does it really address the specific problem of stock price requests?
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