With regards to control risk assessment for purchase transactions, align the potential misstatements in the following chart with their possible tests of operating effectiveness.

\begin{array} { | l | l | } \hline \text { Patential Misstatenent } & \text { Passible Tests d Operating Eifectiveness } \\\hline \begin{array} { l } \text { Goods rnay be requisitioned for urauthorised } \\\text { puposes. }\end{array} & \text { Inspect sigred irventory receipts. } \\\hline \begin{array} { l } \text { Purchases may be made for urauthorised } \\\text { puposes. }\end{array} & \begin{array} { l } \text { Exarnine supporting documentation for } \\\text { irvoices. }\end{array} \\\hline \text { Goods received may not have beer ordered. } & \begin{array} { l } \text { Exarnine receiving report for matchirg } \\\text { purchase order. }\end{array} \\\hline \begin{array} { l } \text { Stores clerks may deny taking custody of } \\\text { purchased goods. }\end{array} & \begin{array} { l } \text { Exarnine purchase orders far approved } \\\text { requisitions. }\end{array} \\\hline \begin{array} { l } \text { Irvoices may be recorded for goods not } \\\text { ordered. }\end{array} & \begin{array} { l } \text { Exarnirue evidence of independent check, or } \\\text { re-perfonm independent check }\end{array} \\\hline \begin{array} { l } \text { Irvoices may be recorded incorrectly or not } \\\text { recorded. }\end{array} & \text { Enquire about procedures. }\\\hline\end{array}

Segregation of the Functions of Payroll and Personnel Do All

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