An order clerk fi lls out a purchase requisition for an expensive item of inventory and the
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An order clerk fi lls out a purchase requisition for an expensive item of inventory and the receiving report when the merchandise arrives. The clerk takes the inventory home, then sends the invoice to the accounting department so that the supplier will be paid. What basic internal control procedure could have prevented this misuse of company assets?
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Using Financial Accounting Information The Alternative To Debits And Credits
ISBN: 9780538452748
7th Edition
Authors: Curtis L. Norton, Gary A. Porter
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