24. Given the risk that a receiving clerk might steal inventory
when it arrives, which control would best alleviate that
risk?
a. Appropriately maintained standing data
b. Cancelling documents
c. Proper authorization
d. Video surveillance equipment
e. Pre-numbered documents
Given the risk that a receiving clerk might steal inventory when it arrives, the control that would best alleviate that risk:-
d. Video surveillance equipment
By installing the equipment, physical control over inventory can be established.
24. Given the risk that a receiving clerk might steal inventory when it arrives, which control...
22. Given the risk that a purchase might be made from a fictitious vendor, what control activity would best alleviate that risk? a. Pre-numbered documents b. Video surveillance equipment c. Proper authorization of the purchase requisition d. Cancelling documents e. Appropriately maintained standing data
11. Given the risk that a cash payments clerk might pay the same invoice twice, which control would be the most helpful in alleviating that risk? a. Cancelling documents b. Appropriately maintained standing data c. Video surveillance equipment d. Proper authorization e. Pre-numbered documents
LO 10-6, 10 10-36 Based on an assessment of audit risk, the auditors are concerned with the following two risks: 1. The risk that that the client might be making duplicate payments to vendors. 2. The risk that the client's accounting clerk might be making unauthorized payments to himself. a. Assuming that the client has a manual accounting system, describe how the auditors can design a test to identify the duplicate payments and unauthorized payments. b. Assuming that the client...
I have this case study to solve. i want to ask which type of case study in this like problem, evaluation or decision? if its decision then what are the criterias and all? Stardust Petroleum Sendirian Berhad: how to inculcate the pro-active safety culture? Farzana Quoquab, Nomahaza Mahadi, Taram Satiraksa Wan Abdullah and Jihad Mohammad Coming together is a beginning; keeping together is progress; working together is success. - Henry Ford The beginning Stardust was established in 2013 as a...