Which of the following best describes a voucher prepared under good internal control?
A) A document prepared by Stores that indicates amount to be purchased.
B) A document prepared by Receiving that indicates the quantity received and approves payment.
C) A document prepared by Accounts Payable authorizing a cash disbursement.
D) A document received by Purchasing,from a supplier,indicating quantity of goods purchased and amount due.
Correct Answer:
Verified
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Q18: It is less important to maintain effective
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Q21: Which of the following is a control
Q22: The assertion most directly addressed when performing
Q23: Auditors should be aware that a voucher
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