For Good Internal Control of Purchases, Businesses Should Do All

question 24

Multiple Choice

For good internal control of purchases, businesses should do all of the following except:

• A)Ensure that the same person is involved in the process of buying, receiving and paying for the goods.
• B)Another person other than the person requesting the purchase should write the check for the payment of the invoice.
• C)Computations on the invoice should be checked for accuracy.
• D)Goods should be carefully checked when received.

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Definitions:

PACs

PACs, or Political Action Committees, are organizations that collect funds to donate to political campaigns, candidates, and parties in order to influence elections and policy decisions.

American Politics

The political structure, processes, and issues related to governance and policy-making in the United States, involving a federal system, political parties, and democratic elections.

Military

The armed forces of a country, responsible for defending it against external threats and ensuring domestic security.

Social Institution

An organized structure within society that governs the behavior and expectations of its members, such as family, religion, and education.