Assume a voucher system is in use. When the bill for goods or services is obtained, which control principle(s) must be met when the related control procedures are designed?
A. Establish responsibility
B. Segregate duties
C. Segregate duties and restrict access
D. Document procedures and independently verify
Answer:D
Assume a voucher system is in use. When the bill for goods or services is obtained, which control principle(s) must be met when the related control procedures are designed?
A. Establish responsibility B. Segregate duties C. Segregate duties and restrict access D. Document procedures and independently verify