menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services Study Set 7
  4. Exam
    Exam 8: Acquisition and Expenditure Cycle
  5. Question
    Unrecorded Liabilities Can Be Prevented If There Is an Appropriate
Solved

Unrecorded Liabilities Can Be Prevented If There Is an Appropriate

Question 121

Question 121

True/False

Unrecorded liabilities can be prevented if there is an appropriate segregation of duties in accounts payable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: Which of the following is not a

Q92: For which of the following accounts would

Q116: The payroll department approves payroll hours prior

Q118: The accounts payable department reconciles the vendor

Q119: The auditor decided to test accounts payable

Q120: Computer controls that might be found in

Q123: An auditor wishes to perform tests of

Q124: Failure to record a liability generally results

Q125: When the _,_ and _ are in

Q126: The _ inspects the goods received for

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines