Effective Internal Control for Purchases Generally Can Be Achieved in a Well-Planned

question 58

Multiple Choice

Effective internal control for purchases generally can be achieved in a well-planned organizational structure with a separate purchasing department that has:

• A)The ability to prepare payment vouchers based on the information on a vendor's invoice.
• B)The responsibility of reviewing purchase orders issued by user departments.
• C)The authority to make purchases of requisitioned materials and services.
• D)A direct reporting responsibility to controller of the organization.

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Definitions:

Membrane Potential

The voltage difference across a cell's membrane, crucial for the transmission of nerve impulses and muscle contractions.

Intracellular

Occurring within or inside a cell, affecting the cell's internal environment or processes.

Neurotransmitters

Chemicals that transmit signals across a synapse from one neuron to another in the nervous system.

Synapse

The junction between two neurons, where nerve impulses are transmitted from one to the other.