Multiple Choice
After the vendor master file data has been entered,to best improve internal controls the
A) vendor master file data should be matched to the accounts payable files.
B) transaction file detail should be matched to the vendor master file.
C) data entry should be independently verified.
D) accounting department should file the new vendor authorization form sequentially.
Correct Answer:

Verified
Correct Answer:
Verified
Q68: An inventory acquisition is received late in
Q69: When verifying current-year additions to manufacturing equipment,the
Q70: What documentary evidence is appropriate in attempting
Q71: To protect against theft of physical assets
Q72: ZyCo has recently converted to a new
Q73: The control test that requires "the auditor
Q74: The most common fraud in the acquisitions
Q75: When accounts payable and purchasing systems are
Q76: Because many of the types of errors
Q78: To ensure that goods and services acquired