Question 1
What is the
best way to prevent the acceptance of goods that were never ordered?
◦ Order only from approved vendors.
◦ Enforce an appropriate conflict of interest policy in place.
◦ Match the packing slip to a purchase order before accepting delivery.
◦ Require specific authorization from the purchasing manager before accepting any goods.
Question 2
Which of the following is
not a common control for ensuring inventory is secure and inventory counts are accurate?
◦ control of physical access to the inventory storage areas
◦ transfers of inventory with proper documentation
◦ sending "blind" copies of purchase orders to inventory control for data entry
◦ making physical counts of inventory at least once per year