Which of the following is the most effective control activity to detect vouchers prepared for the payment of goods that were not received?
A)Counting of goods upon receipt in the storeroom.
B)Matching of purchase order, receiving report, and vendor invoice for each voucher in the accounts payable department.
C)Comparison of goods received with goods requisitioned in the receiving department.
D)Verification of vouchers for accuracy and approval in the internal audit department.

Question

Quizplus · Accepted Answer

Matching the purchase order, receiving report, and vendor invoice for each voucher in the accounts payable department is the best control activity to detect vouchers prepared for the payment of goods that were not received. This ensures that all goods received have been properly authorized and approved for payment. The other options may not provide sufficient information to detect if goods have been received or not.

Which of the Following Is the Most Effective Control Activity