This preliminary assessment questionnaire can be presented to managers or process owners before conducting an audit. It is intended to help the internal audit department understand existing business processes and management's view of the internal control environment.
The process of purchasing materials and supplies comprises procedures and activities to acquire goods in the correct quantity and in a timely manner. The process should include how purchases are started (e.g., inventory levels), who is involved and how it is made. In addition, the process should cover the communication of purchases to all required areas of the company (e.g., accounting).