The following set of items describes activities completed by a company in purchasing and paying for merchandise.For each activity,identify whether or not the activity adheres to or violates sound internal control procedures.
-The receiving department compares the quantity received with the quantity printed on the receiving report when the purchase order was prepared.
A) Adheres to sound internal control procedures
B) Violates sound internal control procedures
C) Neither strengthens nor violates internal control
Correct Answer:
Verified
Q120: Which internal control procedure is violated when
Q121: The following set of items describes activities
Q122: The following set of items describes activities
Q123: The following set of items describes activities
Q124: Which of the following documents is used
Q126: The following set of items describes activities
Q127: The form sent by the seller to
Q128: Each of the following documents is used
Q129: The notification accompanying a check that indicates
Q130: The following set of items describes activities
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