Question
Anong Mali is the purchasing manager at Wattana Technologies. She has responsibility for reviewing and authorizing purchase orders. Receiving reports are prepared by shipping and
Anong Mali is the purchasing manager at Wattana Technologies. She has responsibility for reviewing and authorizing purchase orders. Receiving reports are prepared by shipping and receiving based on the relevant purchase order(s). Purchase orders, receiving reports, and vendor invoices are reconciled by accounts payable, which authorizes payment. Which of the following would correct control weaknesses related to these activities?
Please provide your answer in the rich text box.
AControls are adequate under the current system
BAccounts payable should authorize purchase orders
CReceiving reports should be reviewed and corrected by the purchasing manager
DVendor invoices should be reviewed by the purchasing manager to ensure that they are correct
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