An Internal Control Benefit of Centralized Purchasing in an Organization

question 61

Multiple Choice

An internal control benefit of centralized purchasing in an organization includes which of the following?

• A)Separation of authorization from the custody and recording function.
• B)Favorite vendors used multiple times.
• C)Increased compensation of agents through side agreements.
• D)Mathematically accurate vendor invoices.

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Definitions:

Scaffolding

An educational technique that involves providing structure, support, or guidance to learners to help them achieve a higher level of understanding or skill.

Temporary Support

Short-term assistance offered to individuals or systems during periods of change or stress, aiming at stabilization.

Task

An activity or assignment that needs to be completed, often as part of a larger project or goal.

Ecological Approach

A perspective or method in various disciplines that emphasizes the importance of understanding organisms, including humans, in relation to their environment.