Answered step by step
Verified Expert Solution
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started