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The receiving clerk at Wattana Technologies examines incoming shipments and checks their purchase order numbers.A receiving report is then sent to accounts payable,where it is reconciled with the relevant purchase orders and invoices and payment is authorized.Which of the following would correct control weaknesses related to the clerk's activities?
High-Speed Rail
A type of rail transport that operates significantly faster than traditional rail traffic, using specialized rolling stock and dedicated tracks.
Cost of Living
The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare.
Value of Land
The worth of a piece of real estate based on its location, size, use, and potential for future appreciation or income generation.
Profit-Maximizing Firm
A business entity whose primary goal is to achieve the highest possible profit from its operations.
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