Which of the following client internal control activities is not usually performed in the treasurer's department?
A)Verifying the accuracy of checks and vouchers.
B)Controlling the mailing of checks to vendors.
C)Approving vendors' invoices for payment.
D)Canceling payment vouchers when paid.

Question

Quizplus · Accepted Answer

The approval of vendors' invoices for payment typically occurs outside of the treasurer's department, such as in the accounts payable department. The other activities listed are typically performed within the treasurer's department as part of their responsibilities for managing the organization's cash and disbursements.

Which of the Following Client Internal Control Activities Is Not