Question: 3. To avoid potential errors and fraud, well-designed internal control in the accounts payable area should include a separation of which of the following functions?


3. To avoid potential errors and fraud, well-designed internal control in the accounts payable area should include a separation of which of the following functions? A. Cash disbursements and vendor invoice verification. B. Vendor invoice verification and merchandise ordering. Physical handling of merchandise received and preparation of receiving reports. Check signing and cancellation of payment documentation
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