1.
Suggest a control to prevent it from happening for the misstatement, if a bill from a supplier was paid even though the shipment was not received.
2.
Suggest a control to prevent it from happening for the misstatement, if a supplier’s bill was paid twice for the same purchase.
3.
Suggest a control to prevent it from happening for the misstatement, if a plant employee increased the pay rate by entering the computer system using a plant terminal and altering the payroll records.
4.
Suggest a control to prevent it from happening for the misstatement, if the cash receipts clerk kept a portion of the regular bank deposits for personal use and concealed the theft by manipulating the monthly bank reconciliation prepared.
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Study Guide for Working Papers for Heintz/Parry's College Accounting, Chapters 16-27, 23rd
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