Multiple Choice
Which control would best help achieve the aim of correct valuation for purchase transactions entered into a system?
A) Range checks - checking the quantity ordered against acceptable ranges.
B) Validity checks - checking the supplier is listed in our supplier master file.
C) Sequence check - ensuring the purchase order number is the next number in the sequence.
D) Authorisation - getting a manager to approve all purchases.
Correct Answer:

Verified
Correct Answer:
Verified
Q33: Briefly describe and compare preventive control,detective control,and
Q34: Which of the following is an example
Q35: The system documentation tool that is most
Q36: Which of the following is an example
Q37: With respect to the recording of transactions,which
Q39: Briefly describe and compare general controls and
Q40: Computer-based controls are extremely dependent on: (i)a
Q41: In terms of proper recording of transactions,accuracy
Q42: A purchase order is entered into a
Q43: Which of the following is the strongest