Exam IIA-CIA-Part1 topic 6 question 413 discussion

One of the goals of the finance department is to ensure payments are made to designated receivers only. For that purpose, the following controls are established:

• The first clerk enters data to initiate a payment transaction to the bank.
• The second clerk compares the payment data entered with the original invoice and ap-proves the disbursement.
• The third clerk prints bank statements weekly and compares them to invoices processed.

What should the internal auditor conclude?