Describe a large healthcare facility's internal controls related to payments to vendors.

Question

What will be an ideal response?

Answer 1

Prior to a vendor payment, an employee ensures that the vendor invoice, purchase order, and delivery ticket indicate that the ordered items were received and have the agreed-upon charges. The payment voucher is signed by a supervisor, and the proper account is charged for the expenditure. A check to the vendor is prepared, and the accounting supervisor reviews the related documents before the check is sent.