An organization checks all invoices against goods received notes before payment. This is an example of what type of control procedure?

The procedure of checking all invoices against goods received notes before payment exemplifies a preventive control. This type of control is designed to ensure that only valid and authorized transactions are processed, thereby preventing errors or fraud from occurring.

By verifying invoices against actual goods received, the organization can confirm that it is only paying for items that were actually delivered. This step helps to preemptively catch discrepancies or issues before any payment is made. Such measures not only enhance accuracy in financial transactions but also contribute to broader risk management strategies within the organization.

In contrast, other types of controls serve different purposes. For instance, detective controls focus on identifying errors or irregularities after they have occurred, while corrective controls deal with resolving issues that have already been detected. Accounting controls are broader, encompassing both preventive and detective measures, but the specific action of checking invoices against goods received is primarily preventive in nature.