An accounts payable clerk who has access to the vendor master file replaced the payment details of a legitimate vendor with those of a friend before processing the payment through the organization's cashier. Immediately afterward, he restored the original vendor information. Which of the following controls could have prevented this fraud?

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carlos salgado · Accepted Answer

Approval of master file change requests by the accounts payable supervisor

carlos salgado · Answer

Comparison of the check register to original invoices.

carlos salgado · Answer

Segregation of duties between accounts payable and the cashier.

carlos salgado · Answer

Frequent issuance of account statements sent to the vendors.

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