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    Auditing A Risk Based Approach
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    Exam 11: Auditing Inventory, Goods and Services, and Accounts Payable: the Acquisition and Payment Cycle
  5. Question
    In Computerized Purchase Operations the Computer Matches Three Documents, the Purchase
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In Computerized Purchase Operations the Computer Matches Three Documents, the Purchase

Question 14

Question 14

True/False

In computerized purchase operations the computer matches three documents, the purchase order, the receiving report, and the monthly statement, and if the three match within a prespecified tolerable limit, the invoice is approved for payment.

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