The Control Plan _____________________________________________ Requires That the Authority for Recording

question 92

Short Answer

The control plan _____________________________________________ requires that the authority for recording a vendor invoice come from the purchase order and receiving report that were created by entities other than the one that records the vendor invoice.

---

Definitions:

Company Liability

The legal and financial responsibilities or obligations that a corporation may have due to its actions or policies.

Workplace Morale

The general condition of the psychological well-being, attitudes, satisfaction, and overall outlook of employees within a work environment.

Grapevine

An informal communication channel through which rumors and unofficial information are often spread within an organization or community.

Organizational Strategy

A plan designed to achieve long-term or overall goals within an organization.