Multiple Choice
In a system of proper internal controls, the same employee should not be allowed to:
A) Sign checks and cancel the supporting voucher package
B) Receive goods and prepare the related receiving report
C) Prepare voucher packages and sign checks
D) Initiate purchase requisitions and inspect goods received
Correct Answer:
Verified
Correct Answer:
Verified
Q8: In order to help safeguard the availability
Q9: It is important that documentation support or
Q10: Intentionally attempting to circumvent IT system access
Q11: The textbook referred to the three primary
Q12: This type of system matching takes place
Q14: This type of software alerts the organization
Q15: The document that identifies the items being
Q16: Internal control activities within the purchasing process,
Q17: The policies and procedures that employees follow
Q18: A computer software technique in which the