To avoid potential errors and fraud a well-designed internal control in the accounts payable area should include a separation of which of the following functions?
A)Cash disbursements and invoice verification.
B)Invoice verification and merchandise ordering.
C)Physical handling of merchandise received and preparation of receiving reports.
D)Check signing and cancellation of payment documentation.

Question

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The Answer of To avoid potential errors and fraud a well-designed internal control in the accounts payable area should include a separation of which of the following functions?
A)Cash disbursements and invoice verification.
B)Invoice verification and merchandise ordering.
C)Physical handling of merchandise received and preparation of receiving reports.
D)Check signing and cancellation of payment documentation.

To Avoid Potential Errors and Fraud a Well-Designed Internal Control