When employees of the City of Fenris need supplies, they fill out a purchase requisition and send it to the city's purchasing department.The purchasing agents consolidate requisitions for similar supplies and prepare a purchase order to send to a vendor.The vendor ships the supplies directly to the purchasing department and then bills the city.Accounting clerks pay vendor invoices within thirty days.Within the context of that business process, which of the following best pairs a risk with an internal control that will address the risk?
A)Purchasing supplies from an unauthorized vendor, separation of duties
B)Paying for supplies that were not received, document matching
C)Receiving supplies that were not ordered, limit checks
D)Requisitioning supplies that are not needed, pre-numbered purchase requisitions

Question

Quizplus · Accepted Answer

The risk of paying for supplies that were not received can be addressed by implementing the internal control of document matching, where the purchase order, receiving report, and invoice are compared to ensure that the supplies were actually received before payment is made.

When Employees of the City of Fenris Need Supplies, They