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A purchasing agent for Franklin Office Supplies receives the goods that he purchases and also approves payment for the goods. Requirements 1. How could this
A purchasing agent for Franklin Office Supplies receives the goods that he purchases and also approves payment for the goods. Requirements 1. How could this purchasing agent cheat his company? 2. How could Franklin avoid this internal control weakness? Requirement 1. How could this purchasing agent cheat his company? Choose the correct option that best completes this sentence. (Only complete the necessary answer boxes.) A dishonest purchasing agent could: Approve payment for an excessive amount and split the excess with the supplier. Pocket cash received from customers. Purchase goods and have them delivered to his home, Steal cash from the cash register. Companies avoid this internal control weakness by: Choose from any drop-down list and then continue to the next question A purchasing agent for Franklin Office Supplies receives the goods that he purchases and also approves payment for the goods. Requirements 1. How could this purchasing agent cheat his company? 2. How could Franklin avoid this internal control weakness? Requirement 1. How could this purchasing agent cheat his company? Choose the correct option that best completes this sentence. (Only complete the necessary answer boxes.) A dishonest nurchasing agent could combining the duties of purchasing goods, receiving goods, accepting accounts receivable payments. hiring a security guard. requiring two employees to access the cash register. separating the duties of purchasing goods, approving payments for goods, accepting accounts receivable payments. separating the duties of purchasing goods, receiving goods, approving payments for goods. Choose from any drop-down list and then continue to the next question. A purchasing agent for Franklin Office Supplies receives the goods that he purchases and also approves payment for the goods, Requirements 1. How could this purchasing agent cheat his company? 2. How could Franklin avoid this internal control weakness? Requirement 1. How could this purchasing agent choat his company? Choose the correct option that bost complotos this sentence. (Only complete the necessary answer boxes.) A dishonest purchasing agent could: Requirement 2. How could Franklin avoid this internal control weakness? Companies avoid this internal control weakness by: Choose from any drop-down list and then continue to the next question o e E
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