Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Provide one example of a procedure that could be used to test the control. (3 marks) 1. When making cash payments to suppliers, the assistant

Provide one example of a procedure that could be used to test the control. (3 marks)

1. When making cash payments to suppliers, the assistant accountant is required to check whether there is a matching purchase order, and whether the ordered goods are received

2. The assistant accountant is required to submit the purchase order, invoice, and the goods receipt record to the supervisor for approval.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Political Standards

Authors: Karthik Ramanna

1st Edition

022652809X, 9780226528090

More Books

Students explore these related Accounting questions

Question

=+a) What is the maximin choice?

Answered: 3 weeks ago