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The Following Set of Items Describes Activities Completed by a Company

Question 125

Multiple Choice

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:

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