Which of the following is not an important control over notes payable?

Name: Which of the following is not an important control over notes payable?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The timing of issuance of notes payable based on the business climate may be relevant from a strategic perspective, but it is not a control measure in terms of ensuring that the notes are properly authorized, documented, and repaid. Proper authorization, repayment controls, and documentation are all important internal controls over notes payable.

Which of the Following Is Not an Important Control Over