(i) State the names of the three documents that are matched when making a payment to a supplier.

(ii) State the internal control that is put in place to ensure that credit card usage is within required limits.

(iii) State the internal control that is put in place to prevent that classic disbursement fraud.

(iv) Which one of the following audit procedures would not be used when performing a test of controls:

A: Reperformance

B: Inspection

C: External confirmation

D: Observation

Answer rating: 100% (QA)

i State the names of the three documents that are matched when making a payment to a supplier Answer i the invoice ii the purchase order and iii the receiving report ii State the internal control that ... View the full answer