The primary purpose of the accounts payable function

Question

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The primary purpose of the accounts payable function is to examine all incoming invoices and determine the proper amount to be paid. This involves verifying that the goods or services have been received or provided, that the prices charged are accurate and reasonable, and that any discounts or credits have been properly applied. The goal is to ensure that the company pays its bills on time and accurately, while also maintaining good relationships with vendors and suppliers. Generating float (B) or paying invoices as soon as possible (C) are not primary functions of accounts payable.

The Primary Purpose of the Accounts Payable Function