If the same person orders supplies, verifies receipt of the supplies, and pays the supplier,...
50.1K
Verified Solution
Link Copied!
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: Zin AI - Your personal assistant for all your inquiries!
