Which internal control procedure is followed when management authorizes the purchasing department to order goods and services for the company?
A)Segregation of duties
B)Safeguarding of assets and records
C)Independent verification
D)Proper authorizations

Question

Quizplus · Accepted Answer

Proper authorizations are followed when management authorizes the purchasing department to order goods and services for the company. This helps to ensure that all purchases are authorized and accounted for, reducing the risk of fraud or errors in accounting.

Which Internal Control Procedure Is Followed When Management Authorizes the Purchasing