Final answer:
The student's question pertains to a control procedure that separates the task of recording cash receipts from the task of handling cash, which is a preventive control designed to prevent fraud and ensure accurate financial records.
Step-by-step explanation:
The control procedure designed so that the employee who records cash received from customers does not also have access to the cash itself is an example of a preventive control. Preventive controls are designed to discourage errors or irregularities from occurring. They are a crucial aspect of the internal control system within a company, aimed at preventing fraud and ensuring the accuracy of financial records.
A detective control, on the other hand, identifies errors or irregularities after they have occurred. An example of a detective control could be a reconciliation process or regular audits.
Corrective controls are actions taken to fix the issues detected by detective controls. Lastly, authorization controls involve obtaining approval before executing transactions or changes within a system.
In this case, separating the responsibility of recording and handling cash is a fundamental principle of internal control, often referred to as segregation of duties, which is a type of preventive control.