Postings to the accounts payable ledger should be made:
A)monthly.
B)at the end of the fiscal period.
C)weekly.
D)daily.

Question

Quizplus · Accepted Answer

Postings to the accounts payable ledger should be made on a daily basis to ensure accurate and up-to-date records. This allows for timely payments to suppliers and enables the company to effectively manage its cash flow. Monthly, weekly, or end-of-fiscal-period postings may result in delays, errors, and inefficiencies in the accounts payable process.

Postings to the Accounts Payable Ledger Should Be Made