of the following should the purchasing agent not be able to do?
A) Sign the voucher for payment
B) Receive goods
C) Purchase the goods
D) Both A and B

Question

Quizplus · Accepted Answer

The purchasing agent should not be able to sign the voucher for payment (A) or receive goods (B) as these actions could lead to a conflict of interest and reduce the effectiveness of internal controls by combining the custody of assets with the authority to buy. This separation of duties is crucial to prevent fraud and errors.

Of the Following Should the Purchasing Agent Not Be Able