Wesson, Inc., manufactures lawn mowers. Materials are purchased by the purchasing agent from information sent to him by
Posted: Tue Nov 16, 2021 9:02 am
Wesson, Inc., manufactures lawn mowers. Materials are purchased
by the purchasing agent from information sent to him by the line
manager. The line manager details how much to purchase as well as
whom to purchase the materials from. When materials arrive at the
factory, they are sent immediately to the stockroom without
warehouse personnel checking on quantity or quality of the goods.
Invoices are received by the accounts payable department, which
compares the invoice to the purchase order. If the documents agree,
payment is generated in the accounts payable department and sent to
the vendor.
Propose improvements in the internal control procedures for
Wesson, Inc.
by the purchasing agent from information sent to him by the line
manager. The line manager details how much to purchase as well as
whom to purchase the materials from. When materials arrive at the
factory, they are sent immediately to the stockroom without
warehouse personnel checking on quantity or quality of the goods.
Invoices are received by the accounts payable department, which
compares the invoice to the purchase order. If the documents agree,
payment is generated in the accounts payable department and sent to
the vendor.
Propose improvements in the internal control procedures for
Wesson, Inc.