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All of the following are examples of internal control procedures except 

Accounts payable represents amounts owed to suppliers for goods and services received.

Public Company Accounting Oversight Board (PCAOB) Auditing Standard No. 5 (AS 5) encourages auditors to start from the basic/bottom of financial records to identify the key controls.

Because the potential loss due to fraud is high, external auditors are responsible for establishing procedures to prevent frauds from occurring within the organizations they audit.

The audit committee often works with the internal audit group to ensure that the fraud prevention and detection program remains an ongoing effort.

Raw data often must be scrubbed to remove extraneous data and other noise in order to become useful. This technique is known as:

Which of the following journal entries would be recorded for a sale of inventory?

Sarbanes Oxley Section 404 related to Management’s Assessment of Internal Controls requires that auditors 

According to SAS 99, Consideration of Fraud in a Financial Statement Audit, who has the primary responsibility for establishing and monitoring an entities fraud risk assessment and prevention activities?

Given Auditing Standards 5, risk assessment is a first step in developing an audit plan to meet the mandate of Sarbanes Oxley Section 404.