The accounts payable module of the accounting application ________.
A)helps the company manage inflows and outflows of cash
B)tracks amounts owed by the company to its customers and schedules payments
C)assists management in quantifying goals for revenues and expenses
D)tracks amounts owed to the company by its customers

Question

Quizplus · Accepted Answer

The accounts payable module is responsible for tracking amounts the company owes to its suppliers or vendors and scheduling payments, not amounts owed by customers.

The Accounts Payable Module of the Accounting Application ________