Which of the following actions is least likely to help prevent and detect schemes involving fraudulent invoices from non-accomplice vendors?
A) Marking "paid" on every voucher that has been paid
B) Verifying vendor address changes before disbursements are issued
C) Matching all bank statement items to canceled checks
D) Separating the duties of purchasing, authorizing, and distributing payments

Question

Quizplus · Accepted Answer

Matching all bank statement items to canceled checks is more related to reconciling bank statements and ensuring that payments have been processed correctly, rather than directly preventing or detecting fraudulent invoices from vendors. The other options directly address controls that can prevent or detect fraud involving vendor invoices.

Which of the Following Actions Is Least Likely to Help