Purchase of machinery is a ____________.

Related MCQs

• ________________ should be checked by the Auditor in verification of Machinery
• An analysis of fixed assets account has revealed possibility of unrecorded sale of plant and machinery. Which of the following audit procedures may be adopted to discover it?
• Goods purchased but not recorded in the purchase register is ________________
• Purchase returns should be vouched with the help of
• An internal auditor discovered that fictitious purchases have been recorded by the purchase clerk. This indicates absence of which control?
• Which of the following is most crucial to a purchase department?
• Vendors should be approved by Management before purchase department executes an order. If this is not done, then which of the following situations may arise?