Choose from the list below the best control activity to prevent purchase requisitions split into more than one purchase order to circumvent authorized limits that may result in unauthorized or fraudulent purchases.
A) An authorized person from the department making the request must approve the requisition.
B) Separate the duties of ordering goods from receiving, payment, and accounting responsibilities.
C) Match purchase requisitions with purchase orders and generate an exception report investigation.
D) Each blanket purchase order must specify monetary limits and have a specified duration.

Question

Quizplus · Accepted Answer

Matching purchase requisitions with purchase orders and generating an exception report for investigation helps in identifying instances where a single requisition is split into multiple orders, potentially to circumvent authorized spending limits. This control activity directly addresses the risk of unauthorized or fraudulent purchases by ensuring that any discrepancies or anomalies are flagged for further review.

Choose from the List Below the Best Control Activity to Prevent