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One of the Ways to Prevent the Use of Fictitious

Question 3

Multiple Choice
One of the ways to prevent the use of fictitious vendors to steal company funds is by
A)having adequate network access controls to prevent unauthorized access to transaction files.
B)ensuring that accounts payable programs are available only in source code.
C)having software automatically check for duplicate invoice numbers before payment.
D)having authorized personnel carefully scrutinize documentation supporting payments.

One of the ways to prevent the use of fictitious vendors to steal company funds is by


A) having adequate network access controls to prevent unauthorized access to transaction files.
B) ensuring that accounts payable programs are available only in source code.
C) having software automatically check for duplicate invoice numbers before payment.
D) having authorized personnel carefully scrutinize documentation supporting payments.

Correct Answer:

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