5Controls that are designed to provide management with assurance of the realization of specified minimum gross margins on sales are

ADirective controls

BPreventive controls

CDetective controls.

DOutput controls.

A yesAccording to SIAS 1, “A control is any action taken by management to enhance the likelihood that established objectives and goals will be achieved” The objective of directive controls is to cause or encourage desirable events to occur, e.g., providing management with assurance of the realization of specified minimum gross margins on sales.

BnoPreventive controls deter undesirable events from occurring,.

CnoDetective controls detect and correct undesirable events.\

Dno Output controlsrelate to the accuracy and reasonableness of information processed by a system, not to operating controls.