Match the system failure to a control plan that would best prevent the system failure from occurring.

A. Match invoice, PO, and receipt

B. Procedures for rejected inputs.

C. Independent authorization to make payment.

D. Tickler file of open POs and receiving reports.

E. Reconcile bank account.

1. Red, Inc. has several vendors who do not send invoices in a timely manner. Terms for payment are based on dates that goods are received, and discounts are being lost due to the late receipt, entry, and payment of these invoices.

2. Apple Company processes invoices in batches. The accounts payable program performs a three-way match of the invoice with the PO and receiving report. Those that match are recorded on the accounts payable master data. Those that do not match are printed on an exception and summary report. Some of these invoices are legitimate but are never recorded.

3. Bob Smith, the cashier at Mountain Company, has been writing small checks to herself for many months. No one has noticed.

4. On a weekly basis, Ana, the cash disbursements clerk at Pepper Company, prepares a batch of payments, including some to himself, and sends the batch to the treasurer for approval. Ana has worked out a deal with Jim, who works in the treasurers office, to approve these batches, and they split these fraudulent payments.

5. Blue Company was sent an invoice for goods that were never received. The invoice was paid in full.