Auditing and Assurance Services (16th Edition)
Auditing and Assurance Services (16th Edition)
16th Edition
ISBN: 9780134065823
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
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Chapter 18, Problem 3DQP

a.

To determine

Indicate the advantages for DD, if management allows purchasing personnel to order goods online through supplier websites.

b.

To determine

Indicate potential risks associated with DD’s purchase of jewelry pieces through supplier websites.

c.

To determine

Indicate advantage of allowing purchasing agents to purchase products online using DD’s credit card.

d.

To determine

To indicate advantage of allowing purchasing agents to purchase products online with payment made only by check

e.

To determine

Indicate the internal control that can be implemented.

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