(Topic 2) As an internal control tool, what does the matching of an invoice to the original purchase confirm?

The correct answer is A. Outsourcing. In an organization with personnel limitations, which of the following strategies should be considered to mitigate cash management system risk?

Fundamentals of Testing

Question

(Topic 2)

As an internal control tool, what does the matching of an invoice to the original purchase confirm?

Options

AOutsourcing
BVerification
CMatching
DHedging

How the community answered

(16 responses)

A
75% (12)
B
6% (1)
C
6% (1)
D
13% (2)

Explanation

In an organization with personnel limitations, which of the following strategies should be considered to mitigate cash management system risk?

Topics

#invoice matching#internal controls#purchase verification#financial controls

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