Ask Question
BusinessBusiness
26 January, 05:39

Which of the following is NOT a control over the risk of unauthorized inventory purchases?

a. Transaction authorization

b. Automated purchase approval

c. Scanner technology

d. All of the above are controls over the risk of unauthorized inventory purchases.

+4
Answers (1)
  1. 26 January, 05:52
    0
    The correct answer is letter "B": Automated purchase approval

    Explanation:

    By automating the purchase approval we set aside the verification of the order. There is no way to find out if the order being submitted matches the purchase needs of the organization since a computer software will just accept an order send electronically under no supervision.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is NOT a control over the risk of unauthorized inventory purchases? a. Transaction authorization b. Automated ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
1. Why should people care about the amount of production that takes place within the economy?
Answers (2)
The rate of return on the common stock of Flowers by Flo is expected to be 14% in a boom economy, 8% in a normal economy, and only 2% in a recessionary economy.
Answers (1)
County governments in Texas:a. are single-purpose governments. b. all operate under the general laws of the state of Texas for the operation of county government. c.
Answers (1)
In reconciling a bank statement, the bank balance is $2,100, and the checkbook balance is $2,001. Which of the following is the most probable reason for the bank balance being larger than the book balance? a.
Answers (1)
Wordmill Publications purchased a printing machine for $40,000 on January 1, 20X1. On December 31, 20X5, it sold the printing machine for $25,000. The book value of the equipment on the date of sale was $20,000.
Answers (1)
New Questions in Business
What is difficult about using cost-benefit analysis to estimate the level of a public good that will maximize social welfare? It is difficult to estimate the marginal costs of supplying a public good.
Answers (1)
Suppose the town of Boone has a total population of 50,000 people. Of those, 46,000 people are employed. There are 2,000 full-time students who are not employed or actively seeking work.
Answers (1)
Sadie sold 12 shares of stock to her brother, George, for $640 16 months ago. Sadie had purchased the stock for $880 two years earlier.
Answers (1)
The Fed regulates banks but has little authority over bank holding companies.
Answers (1)
Shared values among employees are the glue of successful management a. True b. False
Answers (1)
Home » Business » Which of the following is NOT a control over the risk of unauthorized inventory purchases? a. Transaction authorization b. Automated purchase approval c. Scanner technology d.
Sign Up Forgot Password?