The statement that items on the accounts payable register must be supported by a completed voucher package containing a services purchase order and evidence the service was provided is a specific example of which control objective?
A)accuracy
B)completeness
C)validity
D)presentation and disclosure

Question

Quizplus · Accepted Answer

The control objective described in the statement is validity, as it ensures that transactions on the accounts payable register are valid and supported by proper documentation showing evidence of the service provided. Accuracy and completeness are also important control objectives in accounts payable, but they are not specifically addressed in the given statement. Presentation and disclosure relate to the proper reporting and disclosure of financial information, which is not directly relevant to the control objective described in the statement.

The Statement That Items on the Accounts Payable Register Must