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Exam IIA-CIA-Part1 topic 3 question 54 discussion

Actual exam question from IIA's IIA-CIA-Part1
Question #: 54
Topic #: 3
[All IIA-CIA-Part1 Questions]

A receiving department receives copies of purchase orders for use in identifying and recording inventory receipts.
The purchase orders list the name of the vendor and the quantities of the materials ordered.
A possible error that this system could allow is:

  • A. Payment to unauthorized vendors.
  • B. Payment for unauthorized purchases.
  • C. Overpayment for partial deliveries.
  • D. Delay in recording purchases.
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Suggested Answer: C 🗳️
by sfkai at Jan. 22, 2021, 11:28 a.m.

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thabash
11 months, 2 weeks ago
if the qty mentioned in the receipt voucher, them the labor in the warehouse will not check and count physically upon receiving, and he might mentioned he received the full qty as it appear in the paper, so account payable then pay the full amount to supplier where is the shortage not detected.
upvoted 3 times
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sfkai
1 year ago
Can anyone please explain why the answer is C
upvoted 1 times
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