Which of the following is an objective of accounts payable processing?
A)Collecting information for the financial statements
B)Making timely and accurate vendor payments
C)Forecasting cash requirements
D)Tracking bills of lading

Question

Quizplus · Accepted Answer

Making timely and accurate vendor payments is a primary objective of accounts payable processing, ensuring that all vendor invoices are paid within the agreed-upon terms and conditions.

Which of the Following Is an Objective of Accounts Payable