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Which of the following is not a common element of an effective system of internal control of purchases? Multiple Choice Proper authorization for purchases is
Which of the following is not a common element of an effective system of internal control of purchases? Multiple Choice Proper authorization for purchases is obtained after all purchases over an agreed-upon dollar value have been completed The computations on the invoice is checked for accuracy O Prenumbered forms is used for purchase orders Authorization for payment is made by someone other than the person who ordered the goods. D HP
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