Which of the following should the purchasing agent NOT be able to do?
A) Prepare the purchase order.
B) Approve the payment.
C) Contact the supplier of the goods.
D) Negotiate prices with suppliers.

Question

Quizplus · Accepted Answer

The purchasing agent should not have the authority to approve the payment as this conflict of interest may lead to fraudulent activities. Payment approvals should be done by authorized personnel outside the purchasing department to ensure separation of duties and prevent any potential fraud.

Which of the Following Should the Purchasing Agent NOT Be