An examination of the balance in the accounts payable account is ordinarily not designed to

Are you having trouble answering the question “An examination of the balance in the accounts payable account is ordinarily not designed to”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

An examination of the balance in the accounts payable account is ordinarily not designed to

A. Determine that the amounts represent obligations of the company.

B. Verify that accounts payable were properly authorized.

C. Ascertain the reasonableness of recorded liabilities.

D. Determine that all existing liabilities at the balance sheet date have been recorded.

Answer: Verify that accounts payable were properly authorized

We hope you have got the correct answer to your question “An examination of the balance in the accounts payable account is ordinarily not designed to”, which was part of Accounting MCQs & Answers. Thanks for choosing us.

Leave a Reply 0

Your email address will not be published. Required fields are marked *