For payment voucher input validity, which control plan uses records in the AP master data to give authorization to the cash disbursements computer program to make a payment?
A) independent validation of vendor invoices
B) match invoice, purchase order, and receiving report
C) independent authorization to make payment
D) reconcile input and output batch totals

Question

Quizplus · Accepted Answer

Independent authorization to make payment is a control plan that uses records in the AP master data to ensure that only authorized individuals can make payments. This helps to prevent unauthorized or fraudulent payments from being made. Independent validation of vendor invoices, match invoice, purchase order, and receiving report, and reconcile input and output batch totals are other control plans that can help to ensure the validity of payment vouchers, but they do not specifically address the authorization of individuals to make payments.

For Payment Voucher Input Validity, Which Control Plan Uses Records