Which of the following is the most effective control activity to detect vouchers prepared for the payment of goods that were not received?
A. Verification of vouchers for accuracy and approval in the internal audit department.
B. Comparison of goods received with goods requisitioned in the receiving department.
C. Counting of goods upon receipt in the storeroom.
D. Matching of purchase order, receiving report, and vendor invoice for each voucher in the accounts payable department.
Answer: D
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A) awareness B) knowledge C) demand D) desire E) purchase
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Which model for resolution of ethical dilemmas consists of compliance, contribution and consequences?
A) The Blanchard-Peale model B) The Laura Nash model C) The Wall Street Journal model D) Immanuel Kant's categorical imperative
Factors influencing demand include
A) economic conditions. B) competition. C) weather conditions. D) all of the above.