
Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141
Accounting Information Systems 8th Edition by James Hall
Edition 8ISBN: 978-1111972141 Exercise 22
Which statement is NOT correct for an expenditure system with proper internal controls?
A) Cash disbursements maintain the check register.
B) Accounts payable maintains the accounts payable subsidiary ledger.
C) Accounts payable is responsible for paying invoices.
D) Accounts payable is responsible for authorizing invoices.
A) Cash disbursements maintain the check register.
B) Accounts payable maintains the accounts payable subsidiary ledger.
C) Accounts payable is responsible for paying invoices.
D) Accounts payable is responsible for authorizing invoices.
Explanation
The AP function should NOT write checks ...
Accounting Information Systems 8th Edition by James Hall
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