149. Which of the following is most crucial to a purchase department?

By Admin / October 4, 2025

A. Reducing the cost of acquisition

B. Selecting supplies

C. Authorizing the acquisition of goods

D. Assuring the quality of goods

✅ The correct answer is option C.

148. The auditor is most likely to examine related party transactions very carefully while vouching

150. An internal auditor discovered that fictitious purchases have been recorded by the purchase clerk. This indicates absence of which control?

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