An internal auditor discovered that fictitious purchases have been recorded by the purchase clerk. This indicates absence of which control?
Options:
| a) Purchase invoices are independently matched with purchase orders and goods received notes b) Goods received notes requires the signature of individual who authorized the purchase c) Routine checks are performed by internal auditor fortnightly. d) Purchase function and production function are clubbed in one department |
The Correct Answer Is:
a) Purchase invoices are independently matched with purchase orders and goods received notes