Which of the Following Is a Risk to the Financial

question 54

Multiple Choice

Which of the following is a risk to the financial statement of a company when it places a purchase order with a supplier?

• A)the supplier delivers the goods with an invoice instead of a delivery note
• B)the goods are not available
• C)the supplier delivers the wrong goods or wrong quantity
• D)the purchasing officer orders the wrong goods.

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Definitions:

First Nations

Indigenous peoples in Canada who are not Inuit or Métis.

Institutional Racism

Discriminatory practices and policies embedded within societal institutions that disadvantage minority groups based on race or ethnicity.

Evidentiary Exclusion

A legal principle that prohibits certain types of evidence from being presented or considered in court.

Individual Racism

Discrimination or prejudice against people of different races based on personal beliefs or attitudes.