Becker has a following question:
Which of the following describes a weakness in accounts payable procedures?
a. The accounts payable system compares the receiving report to the vendor invoice
b. The accounts payable clerk manually verifies arithmetic on the vendor invoice.
c. The accounts payable clerk files invoices and supporting documentation after payment.
d. The accounts payable manager issues purchase orders.
Choice ‘d” is correct.
I understand that D is the answer.But, C doesn't look right to me. Should the A/P clerk file invoices and supporting doc BEFORE payment??? Someone help!!! Thanks!