Multiple Choice
One of the ways to prevent the use of fictitious suppliers to steal company funds is by
A) having adequate network access controls to prevent unauthorized access to transaction files.
B) ensuring that accounts payable programs are available only in source code.
C) having software automatically check for duplicate invoice numbers before payment.
D) having authorized personnel carefully scrutinize documentation supporting payments.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: An important control in the accounts payable
Q24: The internal control that requires "approval of
Q37: Because of the importance of tests of
Q46: Discuss the key internal controls related to
Q50: When accounts payable and purchasing systems are
Q51: Which of the following controls help to
Q52: The proper recognition of accounts payable liabilities
Q59: Estimated unpaid obligations for services or benefits
Q61: The purpose of the audit procedure to
Q62: The starting point for the verification of