Which of the following internal control activities is not usually performed in the accounts payable department?
A)Indicating the asset and expense accounts to be debited.
B)Accounting for unused pre-numbered purchase orders and receiving reports.
C)Matching the supplier's invoice with the related receiving report.
D)Approving vouchers for payment by having an authorised employee sign the vouchers.

Question

Quizplus · Accepted Answer

Accounting for unused pre-numbered purchase orders and receiving reports is typically a function of the purchasing department or receiving department, not the accounts payable department. The accounts payable department is more directly involved in processing payments and managing invoices, not tracking unused documents.

Which of the Following Internal Control Activities Is Not Usually