New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    While vouching purchases, an auditor notices that a

    supplier’s invoice is missing. What is the best course of action?
    A Request a duplicate invoice from the supplier and match it with other records Correct Answer Incorrect Answer
    B Exclude the purchase from the audit report Correct Answer Incorrect Answer
    C Ignore it if the amount is small Correct Answer Incorrect Answer
    D Accept management’s explanation without further checks Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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