Payments Recorded in the Wrong Vendor Account May Result in Duplicate

Multiple Choice

Payments recorded in the wrong vendor account may result in duplicate payments to vendors. Choose the best control activity to address this risk.

A) Comparison of the total of the authorized vouchers submitted for payment to the total in the cash disbursements journal for a specific period
B) A three-way match against the purchase order, receiving report, and vendor's invoice
C) Comparison of vendor ID in cash payments journal with vendor ID on supporting documentation and payments voucher
D) Take advantage of all supplier discounts if favorable to the company.