There are many risks in the cash disbursements process
We implement clearly-defined processes and controls to mitigate those risks
Documentation throughout the cash disbursements process is very important (purchase requisition, purchase order, packing slips, invoices, cheques/bank slips)
Approval needs to be received prior to any cash disbursements
Generally, there are different limits of approval authority
Not all actions in the cash disbursements process triggers a journal entry or have an accounting impact