Henry Co. implemented a system of internal controls to help with cash disbursements. Which of the following

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Henry Co. implemented a system of internal controls to help with cash disbursements. Which of the following would best ensure that only items that have been received are paid for?

A. The CEO authorizes all purchases

B. Warehouse employees sign the shipping order received with merchandise indicating any discrepancies

C. Accounts payable employees pay all invoices received within 3 working days

D. None of the above

Related Book For answer-question

Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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Posted Date: Nov 22, 2022 01:36 AM

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Henry Co. implemented a system of internal controls to help with cash disbursements. Which of the following

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Warehouse employees sign the shipping orde... View the full answer

Auditing a risk based approach to conducting a quality audit

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