For good internal control, the purchasing department should not be responsible for... Select one: Authorising the acquisition of goods. Finding the lowest supplier. Designing the purchase order form. All the answers are correct.

For good internal control, the purchasing department should not be responsible for... Select one: Authorising the acquisition of goods. Finding the lowest supplier. Designing the purchase order form. All the answers are correct.

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle

Section: Chapter Questions

Problem 24MCQ

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