Which of the following is a primary function of the purchasing department?
A) Reducing expenditures for goods acquired.
B) Verifying the propriety of goods acquired.
C) Ensuring the acquisition of goods of a specified quality.
D) Authorising the acquisition of goods.
Correct Answer:
Verified
Q18: While auditing Georgie Ltd you have identified
Q19: Tests designed to detect credit sales made
Q20: Based on a study and evaluation completed
Q21: Which of the following internal controls would
Q22: While auditing the sales system of Candle
Q24: Which is not a key segregation of
Q25: To ensure the completeness of purchases made
Q26: Beta Pty Ltd posts to its perpetual
Q27: An auditor most likely would limit substantive
Q28: In auditing the purchases system, an auditor
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents