Stop Receipt When No Standard Cost Exists

Is there a way to prevent receipt of an item if it does not have a standard cost established?

Enable Category code on the Item Master indicating a flag of Cost available or not.

Write a Batch to find if an item has a cost. If the cost exists, update the flag to 'cost Available'.

Using Security, now only display those items which have costs. Hence, there would be only purchase orders for the items that have cost.