Which is not an example of an internal control activity?

1.  review of manufacturing plan
2.  segregation of duties
3.  bank reconciliations
4.  approval process

Correct Answer:

•  review of manufacturing plan

[source] ‘MT: bank recons are a internal control, checking to see if figures match. Approval by different level of authorities help to prevent unathorized transactions – so its a control too. segregate duties also ensures that.