![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
An internal auditor discovered that fictitious purchases have been recorded by the purchase clerk. This indicates absence of which control? |
A. | Purchase invoices are independently matched with purchase orders and goods received notes |
B. | Goods received notes requires the signature of individual who authorized the purchase |
C. | Routine checks are performed by internal auditor fortnightly. |
D. | Purchase function and production function are clubbed in one department |
Answer» A. Purchase invoices are independently matched with purchase orders and goods received notes |
View all MCQs in
AuditingNo comments yet