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Which of the following questions would most likely be included in an internal control questionnaire

Accepted Answer

Are purchase orders, receiving reports, and vouchers prenumbered and periodically accounted for?

Answer

Is an authorized purchase order required before the receiving department can accept a shipment or the vouchers payable department can record a voucher?

Answer

Are purchase requisitions prenumbered and independently matched with vendor invoices?

Answer

Is the unpaid voucher file periodically reconciled with inventory records by an employee who does not have access to purchase requisitions?

Which of the following questions would most likely be included in an internal control questionnaire concerning the completeness assertion for purchases?

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