Which of the Following Items Associated with the Acquisition/payment Process

question 40

Multiple Choice

Which of the following items associated with the acquisition/payment process is likely to expose an organization to one or more forms of operational risk?

• A)Purchase order prepared by hand
• B)Schedule of accounts payable prepared with Excel
• C)Both purchase order prepared by hand and schedule of accounts payable prepared with Excel
• D)Neither purchase order prepared by hand nor schedule of accounts payable prepared with Excel

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Definitions:

Opposite Directions

This term typically describes movements or trends in markets, investments, or analyses that are contrary to each other.

Efficient Market

A market in which securities' prices fully reflect all available information, meaning that assets are always properly valued.

Stock Price

The cost of purchasing a share of a company, determined by supply and demand in the stock market.

Disseminated

Refers to the action of spreading information, knowledge, or data widely.