Establish, implement, and maintain escrow procedures for financial transactions.

CONTROL ID
16564

CONTROL TYPE
Establish/Maintain Documentation

CLASSIFICATION
Preventive

This Control directly supports the implied Control(s):

Establish, implement, and maintain a financial management program., CC ID: 13228

This Control has the following implementation support Control(s):

Determine the amount of assets to be held in escrow., CC ID: 16575
Disseminate and communicate the escrow procedures to interested personnel and affected parties., CC ID: 16565

This control is an implied control and is included to maintain the legal hierarchy for your selected controls.