Top Posters
Since Sunday
27
26
25
22
21
21
21
20
20
20
19
19
New Topic  
wrote...
Posts: 106
Rep: 9 0
2 weeks ago
Anong Mali is the purchasing manager at Wattana Technologies. She has responsibility for reviewing and authorizing purchase orders. She also reviews receiving reports, approves or corrects them, and authorizes the cashier to pay vendor invoices. Which of the following would correct control weaknesses related to these activities?

• Controls are adequate under the current system.

• Vendor invoices should be reviewed by accounts receivable and then cancelled when paid.

• Vendor invoices should be reviewed by the purchasing manager to ensure that they are correct.

• Accounts payable should reconcile purchase orders, receiving reports, and invoices.
Source  Download
Accounting Information Systems
Edition: 14th
Authors:
Read 3 times
2 Replies
Replies
Answer verified by a subject expert
wrote...
Posts: 135
2 weeks ago
Sign in or Sign up in seconds to unlock everything.
Accounts payable should reconcile purchase orders, receiving reports, and invoices.
1
Related Topics
wrote...
2 weeks ago
Thanks
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
  402 People Browsing
 130 Signed Up Today
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 71

Previous poll results: Do you believe in global warming?
Related Images
 997
 5484
 427