Assumptions:Employees do not need to go through the purchasing department to order office supplies and furniture.Electronic equipment must be ordered through the Purchasing Department.Only orders going through the Purchasing Department require signed approval before they can be placed.Conclusion:Signed approval must be obtained for ordering desks.If the assumptions are true, is the conclusion:Incorrect Correct Cannot be determined based on the information available

Assumptions:All employees in Department A attend the sales training programme.Some employees in Department A attend the technical training programme.Some employees who attend both training programmes are in Department B.Conclusion:All employees who attend the sales training programme and who attend the technical training programme are in Department A.If the assumptions are true, is the conclusion:Incorrect Cannot be determined based on the information available Correct

Select the correct alternative to complete the sentence pertaining to the revenue and receipts cycle. An Internal Sales Order is authorised by signature by the credit controller before being sent to the warehouse. The objective of this control is to ensure that ______.a.the sale is made to a customer who can pay their accountb.goods are indeed in stock to be despatchedc.the recording of incorrect or incomplete order details is preventedd.the sales order is acted upon timeously

To best ascertain that a company has properly included merchandise that it owns in its ending inventory, the auditors should review and test the:Select one:a.contractual commitments made by the purchasing department.b.purchase invoices received on or around year end.c.terms of the open purchase orders.d.purchase cutoff procedures

An accounts payable clerk also has access to the approved supplier master file for purchases. The control principle ofGroup of answer choicesestablishment of responsibility is violated.independent internal verification is violated.documentation procedures is violated.segregation of duties is violated.

Assumptions:Customer 2 and Customer 1 each buy Products W and Y.Product U is always sold to the same customers who buy Product W.Conclusion:Product U is sold to Customers 2 and 1.If the assumptions are true, is the conclusion:Correct Incorrect Cannot be determined based on the information available