Solved

Double-Checking the Accuracy of an Invoice Is an Applicable Control

Question 5

Multiple Choice

Double-checking the accuracy of an invoice is an applicable control that can help to neutralize a threat in the expenditure cycle.What process or activity would specifically be associated with this control?


A) order goods
B) receive and store goods
C) pay for goods and services
D) general issues

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Define just-in-time (JIT)inventory methods.

Q1: The disbursement voucher and supporting documents are

Q3: The first major business activity in the

Q6: EOQ includes several variables that must be

Q9: There are three basic activities in the

Q10: In the expenditure cycle,the primary external exchange

Q12: Procurement cards differ from corporate credit cards

Q65: Which of the following is generally not

Q90: Vendor invoices are approved by the _,which

Q106: In the expenditure cycle,good control dictates that