An Entity's Internal Control Requires for Every Check Request That

question 873

Multiple Choice

An entity's internal control requires for every check request that there be an approved voucher, supported by a prenumbered purchase order and a prenumbered receiving report. To determine whether checks are being issued for unauthorized expenditures, an auditor most likely would select items for testing from the population of all:

• A) Purchase orders.
• B) Canceled checks.
• C) Receiving reports.
• D) Approved vouchers.

---

Definitions:

Pulmonary Capillaries

Pulmonary capillaries are the tiny blood vessels located in the lungs that surround the air sacs (alveoli), where the exchange of oxygen and carbon dioxide takes place between the bloodstream and the lungs.

Systemic Capillaries

The smallest blood vessels in the body's systemic circulation, where the exchange of water, oxygen, carbon dioxide, and many other nutrients and waste substances between blood and the tissues occurs.

Superficial Palmar Arch

An arterial network in the palm of the hand that supplies blood to the fingers.

Subclavian Artery

A major artery located beneath the clavicle that supplies blood to the upper limbs, neck, and brain.