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NEW QUESTION: 1
Which of the following controls would be most effective in assuring that recorded purchases are free of
material errors?
A. Purchase orders, receiving reports, and vendor's invoices are independently matched in preparing
vouchers.
B. Vendor's invoices are compared with purchase orders by an employee who is independent of the
receiving department.
C. The receiving department compares the quantity ordered on purchase orders with the quantity received
on receiving reports.
D. Receiving reports require the signature of the individual who authorized the purchase.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Choice "D" is correct. The most effective control in assuring that recorded purchases are free of material
errors is the independent matching of the purchase order, receiving report, and vendor's invoices in
preparing the vouchers on which the disbursement check is based.
Choice "A" is incorrect. The receiving department should not have access to the quantity ordered on the
purchase order. This forces receiving department employees to actually perform an independent count.
Choice "B" is incorrect. It is not enough to compare only vendor invoices and purchase orders, as this will
still allow payment for goods that were not received.
Choice "C" is incorrect. Requiring that receiving reports be authorized by the individual who authorized the
purchase does not ensure that the invoice and the related payment will be properly recorded.
NEW QUESTION: 2
Which tool or technique of Plan Quality involves comparing actual or planned practices to those of other projects to generate ideas for improvement and provide a basis by which to measure performance?
A. Benchmarking
B. Performance measurement analysis
C. Quality audits
D. Histogram
Answer: A
Explanation:
Explanation/Reference:
Explanation:
5.2.2.9 Benchmarking
Benchmarking involves comparing actual or planned practices, such as processes and operations, to those of comparable organizations to identify best practices, generate ideas for improvement, and provide a basis for measuring performance. The organizations compared during benchmarking can be internal or external.
NEW QUESTION: 3
HOTSPOT
https://tailspintoys.blob.core.windows.net/Trains/Caboose2jpg.
Answer:
Explanation:
NEW QUESTION: 4
Your network consists of a single Active Directory domain. All network servers run Windows Server 2003
Service Pack 2 (SP2).
You share a folder named Research. A user named User1 reports that he cannot access files in the
Research share.
You confirm that the Domain Users group is granted the Change permission for the Research share.
You run the Cacls command as shown in the exhibit. (Click the Exhibit button.)
You need to ensure that User1 can modify files in the Research share.
You must prevent User1 from modifying permissions for the Research folder.
To which group should you add User1?
Exhibit:
A. IT
B. Research
C. ResearchManagers
D. Administrators
Answer: C
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