Consider the following list of internal controls. For each control, classify it either as a preventive control or a detective control. Also classify each control as either a manual control, an IT dependent manual control, an IT application control, or an IT general control.
a) Software will not allow a sale to be processed to a customer that has exceeded its credit limit.
b) Computer software will only allow paychecks to be written to individuals who are on a master employee file.
c) An accounting employee performs a monthly bank reconciliation.
d) Password controls limit access to specific computer files and software applications. Passwords are changed regularly.