15 A. A serious exposure for an organization that is connected with the ordering process of the expenditure cycle is increased inventory costs. What is the related threat and applicable control procedure associated with this exposure?

Group of answer choices

purchasing at inflated prices; review of purchase order

theft of inventory; documentation of all internal transfers of inventory

accepting unordered items; requiring existence of approved purchase order prior to accepting any delivery

mistakes in counting, require receiving employees to sign receiving report

B. Which document within the expenditure cycle authorizes the purchasing department to start the purchase process?

Group of answer choices

Purchase Requisition

Customer Order

Disbursement voucher

Sales Order

Purchase Order

C.

Which of the following is not an advantage of a well designed Database Accounting System?

Group of answer choices

minimize data redundancy and reduces data inconsistencies

Data is easily accessed for reporting and cross-functional analysis

data is independent of the programs that use data

increased efficiency and speed for high volume of transactions