Final answer:
Rotation of duties and forced vacations do not serve as both detective and corrective control plans.
Step-by-step explanation:
False
Rotation of duties and forced vacations serve as both detective and corrective control plans. This statement is incorrect. Rotation of duties is a preventive control plan that helps to minimize the risk of fraud and error by rotating employees through different tasks and responsibilities. Forced vacations, on the other hand, are detective control plans that aim to detect fraudulent activities that may be occurring in an employee's absence.