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22. Given the risk that a purchase might be made from a fictitious vendor, what 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

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Answer #1

Appropriately maintaining standing data i.e., Data of vendors should be fixed in order such as fraudster cannot manipulate the details of vendor to divert payments.

So the answer is Option E.

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