Puma service station makes electronic funds transfers to pay their suppliers. The following is a procedure in the system description of supplier payments.

Upon accessing the supplier payment module, Ms Bonga, the creditors clerk, will access the supplier account which will list the outstanding invoices. The most recent invoice are reflected first. Ms Bonga does not perform a supplier statement reconciliation each time payments are made.

Which one of the following alternatives best describes the major risk that can be identified in the above step in the preparation of payments and the payments made to suppliers?

Select one:

a.

Unauthorised payments can be made and discount can be lost owing to late payment.

b.

Payment of fictitious payments and discount lost owing to late payment.

c.

Unauthorised payments can be made and