Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if the same person orders supplies, verifies recei

If the same person orders supplies, verifies receipt of the supplies, and pays the supplier,...

50.1K

Verified Solution

Question

Accounting

If the same person orders supplies, verifies receipt of the supplies, and pays the supplier, which of the following is not a possible negative result?

a.Supplies may be stolen by the employee.

b.Supplies will be purchased according to company policies.

c.Orders may be placed on the basis of friendship rather than on price and quality.

d.The quantity and quality of supplies received may not be verified, thus causing the company to pay for supplies not received or for poor-quality supplies.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

* I unerstand this is a chemical engineering question but that was not a subject choice...

Biology
1.2K views

Thinking Critical 1 Assume you are staining a bacterial sample and at the end of...

Physics
1.2K views

One or more than one correct answer 19 A force F acts on the block...

Basic Math
1.2K views

ill in the blank with an appropriate word phrase or symbol s the number of...

Algebra
1.2K views

r 9r6 4 dx using formula 48 in the table of integrals in the textbook...

Accounting
1.2K views

Julian tiene 60 aos y pag $1,700 en primas por un seguro calificado de atencin...

Accounting
1.2K views

Exercise 4-9 (Algo) Variable and Absorption Costing Unit Product Costs and Income Statements [LO4-1, LO4-2,...

Accounting
1.2K views

da Company produces a handcrafted musical instrument called a gamelan that is similar to a...

Accounting
1.2K views

Cash Paid for Merchandise Purchases The cost of merchandise sold for Patterson Corporation for...

Accounting
1.2K views

Required information Use the following information for the Exercises below. [The following information applies...

Accounting
1.2K views

MSI is considering outsourcing the production of the handheld control module used with some of...

Accounting
1.2K views

Toolson Enterprises is owned by Andy, Brian and Cherie equally for all of 2022 Toolson...