In the Order Goods Stage of the Expenditure Cycle,which of the Following

question 29

Multiple Choice

In the order goods stage of the expenditure cycle,which of the following is designed to reduce the risk of collusion and fraud?

• A)Purchase orders are raised only once each week.
• B)The decision to purchase more goods or materials is made by the purchasing officer.
• C)The person who places orders is different from the one who is responsible for maintenance of the list of approved suppliers.
• D)Purchase order forms are pre-numbered.

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Definitions:

Mental Illnesses

Disorders that affect an individual's mood, thinking, and behavior, examples include depression, anxiety disorders, schizophrenia, and bipolar disorder.

Physical Illnesses

Conditions affecting the body's structure or function that are not connected to mental health, characterized by specific signs and symptoms.

Five-factor Model

A theory in psychology that describes personality through five broad traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Agreeableness

Agreeableness is a personality trait that reflects a person's tendency to be friendly, compassionate, cooperative, and sympathetic towards others.