Top Posters
Since Sunday
4
1
New Topic  
wrote...
Posts: 130
2 months ago
In a supplier audit, what are some of the red flags that could indicate potential supplier's problems?
Source  Download
Accounting Information Systems
Edition: 14th
Authors:
Read 22 times
2 Replies
Replies
Answer verified by a subject expert
wrote...
Posts: 204
2 months ago
Sign in or Sign up in seconds to unlock everything.
(1) A large percentage of the supplier's gross sales was to the company conducting the supplier audit. (2) The supplier's pricing methods differ from standard industry practice. (3) The supplier does not own the equipment it rents but is itself renting that equipment from a third party. (4) Entertainment expenses are high in terms of a percentage of the supplier's gross sales. (5) The supplier submits altered or fictitious third-party invoices. (6) The supplier's address on its invoices is fictitious.
1
Related Topics
wrote...
2 months ago
Brilliant
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers.
Learn More
Improve Grades
Help Others
Save Time
Accessible 24/7
  355 People Browsing
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 50

Related Images
 3482
 125
 82

▶️ Video: Anaphylaxis Animation

For a complete list of videos, visit our video library