With Respect to a Small Company's System of Purchasing Supplies

Multiple Choice

With respect to a small company's system of purchasing supplies, an auditor's primary concern should be to obtain satisfaction that supplies ordered and paid for have been:

A) requested and approved by authorized individuals who have no incompatible duties.
B) received, counted, and checked to quantities and amounts on purchase orders and invoices.
C) properly recorded as assets and systematically amortized over the estimated useful life of the supplies.
D) used in the course of business and solely for business purposes during the year under audit.