This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following isnota key control in the acquisition and payment cycle? (Read 67 times)

ddddddddddeeee4444

  • Full Member
  • ***
  • Posts: 157
on: Aug 21, 2022

Question 1

Which of the following is a key internal control for the posting and summarization transaction-related audit objective?
◦ Batch totals are compared with computer summary reports.
◦ Documents are canceled.
◦ Dates are internally verified.
◦ The accounts payable master file contents are internally verified.

Question 2

Which of the following is not a key control in the acquisition and payment cycle?
◦ authorization of purchases
◦ authorization of credit
◦ timely recording and independent review of transactions
◦ authorization of payments
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ddddddddddeeee4444 on Aug 21, 2022

rika06@comcast.net

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


ddddddddddeeee4444

  • Member
  • Posts: 157
Reply 2 on: Aug 21, 2022
Gracias!

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

An overview of the two stages of photosynthesis: light reactions and the Calvin cycle An overview of the two stages of photosynthesis: light reactions and the Calvin cycle
Norepinephrine and the Sleep–Waking Cycle Norepinephrine and the Sleep–Waking Cycle
Life cycle of Entamoeba histolytica. Life cycle of Entamoeba histolytica.
Control of Hormone Secretion Control of Hormone Secretion
Phrenology model showing areas of the head overlaying brain regions that control different traits. I Phrenology model showing areas of the head overlaying brain regions that control different traits. I
Points of control over eukaryotic gene expression. Points of control over eukaryotic gene expression.
Video: Embryonic development - Week 3

For a complete list of videos, visit our video library