How to check purchase whether real or inflated?

To check whether a purchase is real or inflated, you can perform the following procedures during an audit: Review purchase orders: Examine the purchase orders for accuracy, completeness, and proper authorization. Ensure that they include detailed descriptions of the goods or services being purchased, quantities, prices, and delivery terms. Verify supplier existence and credibility: Confirm…...

To get access, please buy CA Interview Question Bank
Already a member? Log in here
Scroll to Top