During a risk assessment of a financial institution, a risk practitioner discovers that tellers can initiate and approve transactions of significant value. This team is also responsible for ensuring transactions are recorded and balances are reconciled by the end of the day. Which of the following is the risk practitioner's BEST recommendation to mitigate the associated risk?

A. Require a code of ethics.

B. Implement continuous monitoring.

C. Implement segregation of duties.

D. Require a second level of approval.








 

Suggested Answer: D



This question is in CRISC exam 
For getting Risk and Information Systems Control Certificate


Disclaimers:
The website is not related to, affiliated with, endorsed or authorized by ISACA.
The website does not contain actual questions and answers from ISACA's Certification Exams.
Trademarks, certification & product names are used for reference only and belong to ISACA.