- All Exams Instant Download
Which of the following is the BEST audit technique to test for duplicate payments?
Multiple invoices are usually received for individual purchase orders, since purchase orders require staggered delivery dates.
Which of the following is the BEST audit technique to test for duplicate payments?
A . Run the data on the software programs used to process supplier payments.
B . Use generalized audit software on the invoice transaction file.
C . Run the data on the software programs used to process purchase orders.
D . Use generalized audit software on the purchase order transaction file.
Answer: A
Latest CISA Dumps Valid Version with 2694 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund
A . Run the data on the software programs used to process supplier payments.
checking data against the software which process the payments would be best way to detect duplicate payments
Suppliers payment list gives the list of payments made and can get duplicate easily
It might be impossible with a generalized audit software to detect duplicate invoice in this situation, as to detect duplicate invoice, all invoices for each transaction should be summed up.