Which of the following is the most effective internal control structure procedure to detect vouchers that were
Question:
Which of the following is the most effective internal control structure procedure to detect vouchers that were prepared for the payment of goods that were not received?
a. Count goods upon receipt in storeroom.
b. Match purchase order, receiving report, and vendor’s invoice for each voucher in accounts payable department.
c. Compare goods received with goods requisitioned in receiving department.
d. Verify vouchers for accuracy and approval in internal audit department.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting Information Systems
ISBN: 9780130861771
8th Edition
Authors: George H. Bodnar, William S. Hopwood
Question Posted: