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Within the clients IT system, supplier information is contained in a supplier master file (SMF). Each supplier has a unique supplier code. If the purchasing
Within the clients IT system, supplier information is contained in a supplier master file (SMF). Each supplier has a unique supplier code. If the purchasing clerk attempts to place an order from a supplier not in the SMF, the order can not be processed.
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Explain what type of control the above information describes. Discuss the controls strengths and weaknesses.
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Glencoe Accounting Concepts Procedures Applicatons
Authors: McGraw-Hill Education
3rd Edition
0028036174, 978-0028036175
