Multiple Choice
Which of the following is not an initial procedure for verifying accounts payable?
A) trace the opening balance to the prior year's working papers (if applicable) .
B) review activity in the general ledger account for any unusual entries.
C) reconcile accounts to monthly supplier's statements.
D) obtain a listing of amounts owed at the balance sheet date.
Correct Answer:

Verified
Correct Answer:
Verified
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