Multiple Choice
One of the ways to prevent the use of fictitious vendors to steal company funds is to
A) have adequate network access controls to prevent unauthorized access to transaction files.
B) ensure that accounts payable programs are available only in source code.
C) establish controls to establish only approved vendors.
D) reconcile the accounts payable trial balance to the general ledger.
Correct Answer:

Verified
Correct Answer:
Verified
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Q13: Auditor confirmation of accounts payable balances at
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