For effective internal control purposes, the vouchers payable department generally should:

Question

Quizplus · Accepted Answer

Choice "D" is correct. For effective internal control purposes, the vouchers payable department generally should establish the agreement of the vendor's invoice with the receiving report and purchase order. Choice "A" is incorrect. The treasury or cash disbursement department should stamp, perforate, or otherwise cancel supporting documentation after payment is mailed. Choice "B" is incorrect. The purchasing department should verify that each requisition has been properly approved. Choice "C" is incorrect. The purchasing department should obliterate the "quantity ordered" on the receiving department copy of the purchase order.

For Effective Internal Control Purposes, the Vouchers Payable Department Generally