Consider the following statements regarding material procurement procedures: 1. All purchase requisitions are prepared in the purchasing department from where they are sent to suppliers. 2. All goods received are recorded in the goods inwards department. Which of the statements above is/are correct?

Which control procedure ensures that a company only pays invoices for goods that it has actually received?

Which of the following statements about recording the receipt of goods are correct? 1. Suppliers issue a delivery note detailing dispatched goods. 2. Goods inward department records goods on arrival to confirm receipt. 3. Goods received records are matched to purchase invoices and purchase orders before invoice payment.