medium10 pts · first answer countsinternal-controlsexpense-controlsfraud-risk

Controlling company cards

Staff use corporate purchase cards for small buys. Which set of controls best limits misuse?

A.Per-card and merchant-category limits, plus a monthly statement review by the line managerB.One card shared by the whole department, kept in the office manager's drawerC.Unlimited cards for senior staff so that approvals do not delay purchasesD.An annual review of total card spend by the finance team only

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Controlling company cards

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