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The following is a list of six control plans from this chapter or from chapters 9 , 1 0 , and 1 1 . This
The following is a list of six control plans from this chapter or from chapters and This is followed be a list of five statements describing either the achievement of a control goal a system success or a system deficiency a system failure Match the five control goals or systems deficiencies with a control plan that would best achieve the desired goal or prevent the system deficiency. Each letter may be used only once, with one letter left over.
Control plans
A File completed and signed receiving report in receiving
B Select vendors who can provide goods with appropriate quality
C Approve purchase order
D Compare input receipt data with PO
E Independent authorization to record receipt
F Reorder points and automatic generation of alerts
Process Failures
A purchasing agent ordered unneeded inventory items from a supplier company of which he is one of the officers
The vendor shipped goods that were never ordered. The receipts are recorded as received and put in stock.
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