1.

A purchasing agent ordered unneeded inventory items from a supplier company of which he is one of the officers.

Group of answer choices

A. Conflict of interests.

B. Prenumbered receiving report.

C. Independent authorization to make payment

D. Vendor invoice mathematical accuracy check.

E. Approve vendor selection.

2.

The total shown on a vendors invoice was greater than the sum of the invoice details, resulting in an overpayment to the vendor.

Group of answer choices

A. Conflict of interests.

B. Prenumbered receiving report.

C. Independent authorization to make payment

D. Vendor invoice mathematical accuracy check.

E. Approve vendor selection.

3.

Select the control plan that would best prevent the system failure from occurring or would mitigate the resulting exposure. If in doubt between two options, one preventive and one detective/corrective, opt for the preventive.

Sales orders are not compared to packing slips and the goods to determine that what was ordered is what is about to be shipped.

Group of answer choices

A. Programmed edit checks

B. One-for-one checking

C. Key verification

D. Immediately endorse incoming checks

E. Digital signature