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Select the Correct Statement from the Following

Question 47

Multiple Choice

Select the correct statement from the following.


A) To review purchases from a vendor, inspect the purchases journal; to review payments to a vendor, inspect the cash receipts journal.
B) To review purchases from a vendor and review payments to a vendor, inspect the cash disbursements journal.
C) To review the purchases from a vendor, inspect the purchases journal; to determine inventory levels of a specific item, inspect the subsidiary ledger for inventory.
D) To review the payments to a vendor, inspect the cash receipts journal; to determine inventory levels of a specific item, inspect the inventory journal.

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