Which of the following statements are true? a. Issuing employees procurement cards is an example of the
Question:
Which of the following statements are true?
a. Issuing employees procurement cards is an example of the control procedure referred to as “general authorization.”
b. Organizations can reduce the risk of fraudulent disbursements by sending their bank a list of all checks issued, a process referred to as “Positive Pay.”
c. Both of the statements above are true.
d. None of the statements above are true.
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Related Book For
Accounting Information Systems
ISBN: 9781292220086
14th Global Edition
Authors: Marshall B. Romney, Paul John Steinbart
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