Should the duty of creating a purchase order be segregated
from the duty of creating a vendor?


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Audit Interview Questions

duties of auditor

9 Answers  


How to reconcile GST Tally and GST Portal ?

0 Answers  


What is tax audit

27 Answers  


A company charity (gross income <?250k) wishes to take advantage of the audit exemption regime. However, there is an audit provision in the company's Articles. Should they be required to change the Articles?

0 Answers   eClerx, Supreme Court,


What is CARO 2003? What do you mean by management audit?

0 Answers   Ernst Young,






accounting & audit system of film production enterprises

0 Answers  


While conducting an audit, the IS auditor detects the presence of a virus. What should be the IS auditor’s next step? a) Observe the response mechanism. b) Clear the virus from network. c) Inform appropriate personnel immediately. d) Ensure deletion of virus.

2 Answers   Hindustan Unilever Limited,


Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.

0 Answers  


Are you satisfied with your academic achievements?

0 Answers   Ernst Young,


what is the difference between cash discount and trade discount. what is the journal entry for purchase of 100000 giving (a) 5% trade discount (b) 5% cash discount.

20 Answers   TCS,


hi i want to know the due date for payment of work contract tax in himachal pradesh ? If last date is Gazated holiday

2 Answers   Google, NDDB,


whether postpaid telephone expenses can be taken under prepaid expenses when advance payment made by a/c payee cheque for the month of march.

3 Answers   Agarwal Associates, UHG,


Categories