Which of the following items is not a control goal of the AP/CD process?
A)minimize inventory carrying costs
B)independent validation of vendor invoices
C)independent authorization to make payment
D)reconcile bank account

Question

Quizplus · Accepted Answer

Minimizing inventory carrying costs is not a control goal of the Accounts Payable/Cash Disbursements (AP/CD) process; it is more related to inventory management. The other options are control goals related to ensuring the accuracy and authorization of payments.

Which of the Following Items Is Not a Control Goal