There are two types of internal control, those controls that detect errors and those controls that prevent errors entering the accounting system. Which of the following is a control that detects errors?
A) Matching purchase invoices with goods received notes
B) Supervisors signing overtime sheets
C) Preparing bank reconciliations
D) Matching sales invoices with delivery notes.
Correct Answer:
Verified
Q6: A 'true and fair view' is one
Q7: When a customer invoice is included in
Q8: A one off fraud involving £1,500 is
Q9: A company that trades predominately in cash
Q10: The inventory in a grocery store has
Q11: Which of the following would result in
Q12: Which of the following tests would be
Q13: Which of the following reports promotes a
Q15: There are two types of internal control,
Q16: Which of the following statements is correct?
A)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents