Most directly, a confirmation of a purchase order to the requesting department satisfies the control goal of:
-Update accuracy
-Input validity
-Optimal vendor selection
-Input completeness
-None of the above
The conformation of a purchase order to the requesting deparment satifies the control of input completeness.
Expanation:
When a purchase order is executed it is initiation of an input transaction whereas when a confirmation is obtained it ensures the input completion.
Therefore the answer is option 4 - input completeness
Most directly, a confirmation of a purchase order to the requesting department satisfies the control goal...
Most directly, a confirmation of a purchase order to the requesting department satisfies the control goal of: Update accuracy Input validity Optimal vendor selection Input completeness None of the above
THIS CLASS IS ACCOUNTING INFORMATION SYSTEM Most directly, a confirmation of a purchase order to the requesting department satisfies the control goal of: Update accuracy Input validity Optimal vendor selection Input completeness None of the above
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INTERNAL CONTROL ANALYSIS A company that produces component parts for automobile manufacturers has grown rapidly since its incorporation several years ago. Management is concerned about internal controls over the purchasing cycle because the cost of goods sold percentage has continued to rise even though it seems that many of the raw materials and supplies used in production are costing less. The following description of the purchasing process is available: Pre-numbered purchase requisitions are used to order ...
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