Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is not an effective internal control? Multiple Choice The same individual who ordered the goods should also sign the check to

Which of the following is not an effective internal control?
Multiple Choice
The same individual who ordered the goods should also sign the check to pay for them.
The computation on the vendor invoice should be checked for accuracy.
All purchases should be made only after proper authorization has been received
Prenumbered forms should be used for purchase requisitions, purchase orders, and checks.
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Tools for Business Decision Making

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

5th edition

9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169

More Books

Students also viewed these Accounting questions