Which of the following controls help to ensure that the receipt of raw materials for inventory is recorded in the correct period?
A) Supplier details are automatically retrieved from the supplier master file.
B) Receiving staff write down the date goods are received on the bill of lading.
C) Accounting staff record the date that goods are received in the accounting systems.
D) The transaction date entered must be the same as the system date.

Question

Quizplus · Accepted Answer

The Answer of Which of the following controls help to ensure that the receipt of raw materials for inventory is recorded in the correct period?
A) Supplier details are automatically retrieved from the supplier master file.
B) Receiving staff write down the date goods are received on the bill of lading.
C) Accounting staff record the date that goods are received in the accounting systems.
D) The transaction date entered must be the same as the system date.

Which of the Following Controls Help to Ensure That the Receipt