Effective internal control for purchases generally can be achieved in a well-planned organizational structure with a separate purchasing department that has:
A)The ability to prepare payment vouchers based on the information on a vendor's invoice.
B)The responsibility of reviewing purchase orders issued by user departments.
C)The authority to make purchases of requisitioned materials and services.
D)A direct reporting responsibility to controller of the organization.

Question

Quizplus · Accepted Answer

The purchasing department should have the authority to make purchases of requisitioned materials and services to ensure effective internal control. This allows for a clear separation of duties and prevents unauthorized purchases.

Effective Internal Control for Purchases Generally Can Be Achieved in a Well-Planned