If a Single Person Is Authorised to Both Order Goods

question 40

Multiple Choice

If a single person is authorised to both order goods and approve payments, the company may be defrauded in several ways. Which of the following scenarios would NOT be a possible consequence of this control weakness?

• A)The company may order goods priced above the current market price.
• B)The goods received may be damaged in shipment.
• C)The company may purchase goods from a 'related party' in order to enrich a relative of the company employee.
• D)The company may purchase more goods or higher quality goods than it needs.

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Definitions:

Balance

The ability to maintain a controlled body position while performing a task, whether moving or stationary; also used metaphorically to describe equilibrium in various contexts.

Longitudinal Research

A research method that involves observing the same subjects over a long period, allowing for the study of changes and long-term effects.

Age-related Changes

Alterations in biological, psychological, and social functions and structures associated with aging.

Cohort Effects

Variations in the characteristics or experiences of individuals caused by having been born in different time periods.