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A Flowchart of the Acquisition/payment Process Includes Three Columns: Purchasing

Question 17

Multiple Choice

A flowchart of the acquisition/payment process includes three columns: purchasing department, receiving department and accounting department. From that information, an analyst can infer: (i) the company has strong internal control, (ii) the company has adequate separation of duties.


A) i only.
B) ii only.
C) both i and ii.
D) neither i nor ii.

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