Question

Control plans associated with the AP/CD process include: a. All of these choices b. Independent validation of vendor invoices c. Independent authorization to make payment d. Match invoice, purchase order, and receiving report

Answer 1

A. All of these choices

Step-by-step explanation:

Independent validation of vendor invoices is the control plan that helps to exclude unauthorized records.'

Match invoice, purchase order, and receiving the report is the control plan that helps to ensure the invoice recorded is actually ordered and received.

Independent authorization to make payment gives the leverage to make candid decisions as regards funds utilization.