Which of the following controls should prevent an invoice for the purchase of merchandise from being paid twice?
A)The check signer accounts for the numerical sequence of receiving reports used in support of each payment.
B)An individual independent of cash operations prepares a bank reconciliation.
C)The check signer reviews and cancels the voucher packets.
D)Two check signers are required for all checks over a specified amount.A

Question

Quizplus · Accepted Answer

The control that should prevent an invoice for the purchase of merchandise from being paid twice is the review and cancellation of voucher packets by the check signer. The check signer must ensure that the same invoice is not paid twice by canceling the voucher packet once the payment has been made. This control helps to prevent fraudulent vendor activity and improves the accuracy of the financial records. The other options listed do not directly address the issue of preventing duplicate payments.

Which of the Following Controls Should Prevent an Invoice for the Purchase