Detective actions and controlsplay a critical role inidentifying events that affect progress toward objectives, whether they are positive or negative.
* Role of Detective Controls:
* Monitor performance indicators to detect deviations from expected outcomes.
* Identify trends, anomalies, or incidents that help or hinder progress.
* Contribution to Performance Management:
* Provides insights into areas requiring attention or adjustment.
* Enhances decision-making by offering real-time data on organizational progress.
* Why Other Options Are Incorrect:
* A: Detective controls focus on monitoring, not investigative capabilities.
* B: While they detect unfavorable events, correction is a separate function (corrective controls).
* D: Promoting favorable events is a proactive control function, not detective.
References:
* COSO ERM Framework: Discusses the use of detective controls in monitoring performance.
* OCEG GRC Capability Model: Highlights the role of detective actions in identifying performance deviations.