To promote strong internal control, which of the following documents should be matched prior to billing a customer?

Use the sub-system flowchart below to answer the following question(s)What does File 1 represent?

Given the four activities below, which of the HRM/payroll cycle activities occurs infrequently relative to the others?

Use the sub-system flowchart below to answer the following question(s)What does File 2 represent?

Double-checking the accuracy of an invoice is an applicable control that can help to neutralize a threat in the expenditure cycle. What process or activity would specifically be associated with this control?

ACB Corporation’s purchasing department sent a copy of a purchase order to the receiving department. The copy will promote strong internal control with all of the following except:

A surprise count of petty cash by the auditor should find the total of __________ equal to the amount authorized for the fund.

From a legal standpoint, when does the obligation to pay a vendor arise?

Theft or fraudulent distribution of payroll checks is a potential threat to the payroll processing activity. What is one control that can be implemented to help prevent paychecks being issued to a “phantom” or “ghost” employee?

Duties in the expenditure cycle should be properly segregated to promote internal control. This means that the authorization function is performed by __________, the recording function is performed by __________, and the cash disbursement function is performed by the __________.