What is one control method designed to prevent loss in a company?

Pre-employment screening is a control method that serves to prevent loss within a company by thoroughly evaluating potential employees before they are hired. This process typically involves background checks, verification of previous employment, assessment of criminal history, and evaluation of qualifications and skills. The goal is to identify any red flags or patterns of behavior that could indicate a risk for theft, fraud, or other forms of loss once they are part of the organization.

By implementing comprehensive pre-employment screening, companies can significantly reduce the likelihood of hiring individuals who may engage in dishonest or harmful behavior, thereby protecting their assets and maintaining a secure work environment. This proactive measure ensures that those who are brought into the company meet the required standards of integrity and reliability, contributing to the overall prevention of loss.