Which of the following best describes the specific accounts payable that are selected for confirmation?
A)Accounts with large balances.
B)Accounts with zero balances.
C)Accounts with a large amount of activity regardless of their balance.
D)Accounts for which vendor statements are available.

Question

Quizplus · Accepted Answer

Accounts with a large amount of activity are selected for confirmation to ensure that all transactions have been recorded accurately, regardless of the ending balance.

Which of the Following Best Describes the Specific Accounts Payable