In a good internal control​ system, which of the following sets of documents is required for proper approval of a payment to a​ supplier?         A. a journal​ entry, a supplier​ invoice, and a description of the goods being purchased   B. a supplier​ invoice, a bill of​ lading, and the​ supplier's financial statements   C. a purchase​ order, a journal​ entry, and a price catalog   D. a receiving​ report, an​ invoice, and a purchase order

When evaluating inventory controls, an auditor would be least likely toa. Inspect documents.b. Make inquiries.c. Observe procedures.d. Consider policy and procedure manuals

Which of the following best represents a key control for ensuring sales are properlyauthorized when assessing control risks for sales? A. The separation of duties between the billing department and the cash receipts approval department. B. The use of an approved price list to determine unit selling price. C. Copies of approved sales orders sent to shipping, billing, and accounting departments. D. Sales orders are sent to the credit department for approval.

Sales orders are written by sales people who have no access to the goods, which are released by warehouse personnel. This is example of: an analytical review establishing a system for storing and counting inventory proper documentation that is monitored properly segregation of duties