Which of the following questions would be least likely to appear on an internal control questionnaire regarding the initiation and execution of new property, plant, and equipment purchases?
A)Are requests for repairs approved by someone higher than the department initiating the request?
B)Are prenumbered purchase orders used and accounted for?
C)Are purchase requisitions reviewed for consideration of soliciting competitive bids?
D)Is access to the assets restricted and monitored?

Question

Which of the following questions would be least likely to appear on an internal control questionnaire regarding the initiation and execution of new property, plant, and equipment purchases?
A)Are requests for repairs approved by someone higher than the department initiating the request? 
B)Are prenumbered purchase orders used and accounted for?
C)Are purchase requisitions reviewed for consideration of soliciting competitive bids? 
D)Is access to the assets restricted and monitored?

Quizplus · Accepted Answer

The Answer is D

Which of the Following Questions Would Be Least Likely to Appear