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Thank you! The following set of items describes activities completed by a company in purchasing and paying for merchandise. For each activity, identify whether or
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The following set of items describes activities completed by a company in purchasing and paying for merchandise. For each activity, identify whether or not the activity adheres to or violates sound internal control procedures. Refer to Internal Control - Purchasing \& Paying. All documents attached to an invoice approval form are canceled before a check is signed. Neither strengthens nor violates internal control Violates sound internal control procedures Adheres to sound internal control procedures Question 66 2 pts Refer to Internal Control - Purchasing \& Paying. The clerk in the accounting department records both purchases and payments of invoices. Neither strengthens nor violates internal control Adheres to sound internal control procedures Violates sound internal control procedures Question 67 2 pts Refer to Internal Control - Purchasing \& Paying. Checks are signed by designated officers in the finance department. Neither strengthens nor violates internal control Adheres to sound internal control procedures Violates sound internal control proceduresStep by Step Solution
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