Select from the option list provided the most specific and appropriate match for each of the following items. Each choice may be used once, more than once, or not at all. Item Match

1. Permits timely payments to realize discounts

2. Determines that documents support the voucher and check

3. Examines vendor invoice to determine that terms and prices are correct

4. Copy of purchase order omits the quantity

5. Compares vendor invoice with the receiving reports

6. Cancels payment documents

7. Mails check to avoid improper access

8. Required for checks above a preset limit

9. Assures proper recording in accounts payable control account

10. Assures effectiveness of physical controls Division of duties

Choices are:

Division of duties

Accounts Payable

Division of duties

Prenumbering of documents

Purchasing Agent

Receiving

Cash disbursement

Accounts Payable

Periodic reconcialiation

Periodic counts

Dual signature

Tickler file

Proper authorization