After the vendor master file data has been entered,to best improve internal controls the
A)vendor master file data should be matched to the accounts payable files.
B)transaction file detail should be matched to the vendor master file.
C)data entry should be independently verified.
D)accounting department should file the new vendor authorization form sequentially.

Question

Quizplus · Accepted Answer

Independent verification of data entry helps to ensure the accuracy and completeness of the vendor master file data, improving internal controls. Matching the vendor master file data to the accounts payable files and filing new vendor authorization forms sequentially are also important internal control procedures, but they do not directly improve the accuracy of the data entered into the system. Matching transaction file detail to the vendor master file is also important, but it is typically done after the vendor master file data has been entered. Therefore, option C is the best choice.

After the Vendor Master File Data Has Been Entered,to Best