Which of the following internal control activities is not usually performed in the vouchers payable...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Which of the following internal control activities is not usually performed in the vouchers payable department? A. Matching the vendor's invoice with the related receiving report. B. Approving vouchers for payment by having an authorized employee sign the vouchers. C. Indicating the asset and expense accounts to be debited. D. Accounting for unused prenumbered purchase orders and receiving reports
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Which of the following internal control activities is not usually performed in the vouchers payable department? A. Matching the vendor's invoice with the related receiving report. B. Approving vouchers for payment by having an authorized employee sign the vouchers. C. Indicating the asset and expense accounts to be debited. D. Accounting for unused prenumbered purchase orders and receiving reports 