Multiple Choice
Which of the following client control activities is not usually performed in the vouchers payable (accounts payable) department?
A) Determining the mathematical accuracy of the vendors' invoices
B) Writing checks for the treasurer's signature to take advantage of purchase discounts
C) Controlling the mailing of the check and remittance advice
D) Checking the prices on the vendor's invoice
Correct Answer:

Verified
Correct Answer:
Verified
Q6: The test of controls for payroll includes
Q7: Matthew Corp. has changed from a system
Q8: F. Jack, CPA, is the auditor of
Q9: Cash disbursements are authorized by<br>A)purchase orders.<br>B)invoices.<br>C)receiving reports.<br>D)a
Q10: _ and _ can cause "unmatched" invoices
Q12: A list of all purchases might exist
Q13: After checks are signed for vendor invoices,
Q14: When verifying debits to the perpetual inventory
Q15: Effective control over the cash payroll function
Q16: The permanent reference files (master files) in