A Company's Internal Control System Requires That an Approved Payables

question 21

Multiple Choice

A company's internal control system requires that an approved payables voucher,supported by a purchase order and a receiving report,accompany every cheque requisition.To determine whether cheques are being issued for unauthorized expenditures,an auditor is most likely to select items for testing from the population of all ________.

• A)purchase orders
• B)cancelled cheques
• C)receiving reports
• D)approved vouchers

---

Definitions:

Tube-feeding Set

A collection of supplies and equipment used to deliver liquid nutrition directly into the stomach or intestine through a tube, for patients who are unable to eat by mouth.

Clear Carbonated Soda

A transparent, bubbly drink that contains carbon dioxide, water, and often flavored syrups.

Anorexia Nervosa

A disease characterized by a prolonged inability or refusal to eat, rapid weight loss, and emaciation in persons who continue to believe they are fat.

Enteral Feeding Tube

A medical device used to provide nutrition to people who cannot obtain nutrition by mouth, are unable to swallow safely, or need nutritional supplementation.