When Establishing an Internal Control System to Determine the Appropriate

Multiple Choice

When establishing an internal control system to determine the appropriate time to pay a supplier for a purchase, which of the following processes/reports must be included in the system?

A) A performance report from the engineering department
B) An updated report from the expeditor's office
C) A comparison of the purchase order and the supplier's invoice
D) A three-way match of critical information on the purchase order, the packing slip, and the invoice