From the Following Which Would Not Be an Appropriate Control

question 43

Multiple Choice

From the following which would not be an appropriate control procedure for the invoicing of customers?

• A) checking the existence of a dispatch note matching the approved sales order before an invoice is prepared
• B) using an authorized price list when preparing the invoice
• C) comparing totals for dispatch notes with totals for invoices
• D) segregating filling and dispatching sales orders

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Definitions:

Election Year

A year in which a formal decision-making process is conducted through which citizens vote to choose public officials or to decide on public policy issues.

Government Purchases

Government purchases comprise spending by government bodies on goods and services that contribute directly to the economy's aggregate demand.

Stagflation

A period of slow economic growth and high unemployment while prices continue to rise.

Fiscal Policy

Government adjustments to its spending levels and tax rates to influence a nation's economy, aiming to manage economic output, inflation, and employment.