Which internal control procedure is followed when management authorizes the purchasing department to order goods and services for the company?
A) Segregation of duties
B) Safeguarding of assets and records
C) Independent verifications
D) Proper authorizations

Question

Quizplus · Accepted Answer

Proper authorizations is the internal control procedure that is followed when management authorizes the purchasing department to order goods and services for the company. This ensures that all purchases are authorized by the appropriate personnel, reducing the risk of unauthorized purchases being made.

Which Internal Control Procedure Is Followed When Management Authorizes the Purchasing