The Palm Coast purchasing-card audit finds this issue: receipt image is illegible. Which administrative response should be recorded?
Correct Answer
D) receipt rescan request
Procurement-card controls should resolve approval, coding, and receipt-image exceptions.
Why This Is the Correct Answer
Procurement-card controls should resolve approval, coding, and receipt-image exceptions.
Why the Other Options Are Wrong
Option A: bank signer card
bank signer card belongs to a different file or record trail; it does not prove the card exception control event.
Option B: vendor credit memo
vendor credit memo belongs to a different file or record trail; it does not prove the card exception control event.
Option C: equipment title form
equipment title form belongs to a different file or record trail; it does not prove the card exception control event.
Memory Technique
A record works only when it proves the exact procurement-card event for Controller Checks.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Procurement Card Controls; use the stated business record or control rule to verify the answer.
More Business & Finance Questions
The Cedar Key subcontract closeout file requires 44 final releases, and 31 have been received. How many releases are missing?
A Florida GC prepaid $18,000 for annual insurance and expenses it evenly by month. After 7 months have expired, what prepaid asset remains?
The West Miami system access list starts with 22 active users, adds 4, and removes 7. How many active users should remain?
The Winter Park bank review shows a bank balance of $124,600, book balance of $119,400, and known timing items of $3,200. What unexplained difference remains?
The Riverview bank review shows a bank balance of $87,500, book balance of $90,400, and known timing items of $1,600. What unexplained difference remains?
A Satellite Beach contractor had 4 separations during the quarter and an average headcount of 32. What turnover rate should HR report?
A Winter Park startup budgets monthly overhead of $61,500 and wants a 4-month operating reserve. What reserve should be funded?
A Royal Palm Beach customer account has unpaid approved invoices of $126,000. Company policy requires review when unpaid invoices exceed $100,000. What status applies?
A Wildwood contractor had 9 separations during the quarter and an average headcount of 60. What turnover rate should HR report?
A Clermont field group had 64 absence hours out of 1280 scheduled hours. What absence rate should be reported?
People Also Study
Related Study Resources
Previous Question
A $1,540,000 contract has cost to date of $462,000 and estimated cost to complete of $693,000. Using percent complete, what revenue is earned?
Next Question
A Westchase owner payment of $148,000 will be processed by electronic transfer with a 0.55% administrative fee. What fee should be recorded?