For each control listed below, identify the misstatement the control is designed to prevent, or detect and correct new 4 1 2 PM a Software compares the recording date on vouchers with the date on the underlying receiving report new 4 1 2 PM b Software compares the general ledger coding on the voucher with the general ledger coding on the purchase order new 4 1 2 PM c Software matching receiving reports with vouchers on a one for one basis Once a receiving report has been matched with a voucher, it cannot be matched with a different voucher new 4 1 2 PM Only a limited number of individuals can change the vendor master file, and these duties are segregated from purchasing and from receiving and recording goods

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Question: For each control listed below, identify the misstatement the control is designed to prevent, or detect and correct. new [ 4 : 1 2 PM

For each control listed below, identify the misstatement the control is designed to prevent, or detect and correct.

new

[4

12

]

.

Software compares the recording date on vouchers with the date on the underlying receiving report.

new

[4

12

]

.

Software compares the general ledger coding on the voucher with the general ledger coding on the purchase order.

new

[4

12

]

.

Software matching receiving reports with vouchers on a one

-

for

-

one basis. Once a receiving report has been matched with a voucher, it cannot be matched with a different voucher.

new

[4

12

]

Only a limited number of individuals can change the vendor master file, and these duties are segregated from purchasing and from receiving and recording goods.

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