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21 April, 04:50

Q2: In the expenditure cycle, the majority of payments made are by check. What are some

control issues related to payment of vendors by check?

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Answers (1)
  1. 21 April, 05:06
    0
    Key control problems in the area of payment by check can give rise to fraudulent activity.

    Explanation:

    Paying employees by check offers a level of security of employee payments.
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