Multiple Choice
For good internal control of purchases, businesses should do all of the following except:
A) Ensure that the same person is involved in the process of buying, receiving and paying for the goods.
B) Another person other than the person requesting the purchase should write the check for the payment of the invoice.
C) Computations on the invoice should be checked for accuracy.
D) Goods should be carefully checked when received.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: For each of the transactions listed below,
Q20: On June 30, 2019, the general ledger
Q21: If a business pays $1,100 on account
Q22: For each of the transactions listed below,
Q23: Read the description of the following transactions
Q25: The journal entry to record the purchase
Q26: One of the supplier accounts from the
Q27: Which of the following statements is correct?<br>A)Freight
Q28: The amount of the purchases for a
Q29: No amounts are posted from the purchases