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IIA Internal Audit Engagement IIA-CIA-Part2 Question # 88 Topic 9 Discussion

IIA Internal Audit Engagement IIA-CIA-Part2 Question # 88 Topic 9 Discussion

IIA-CIA-Part2 Exam Topic 9 Question 88 Discussion:
Question #: 88
Topic #: 9

An internal auditor determined that the organization's accounting system was designed to reject duplicate invoices if they were issued with identical invoice numbers. However, if an invoice number was changed by at least one digit, the system would accept the duplicate invoice as new. Which of the following would be the most appropriate criteria to refer to in the audit observation?


A.

Each invoice for goods or services acquired by the organization must be recorded only once in the accounting system.


B.

The accounting system lacks efficient controls for the identification of duplicate invoices.


C.

Disbursements may be made inappropriately, and liabilities may be overstated.


D.

The accounting system is at the end of its lifetime and is no longer developed by the provider.


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