A zero balance confirmation
A) is similar to a positive confirmation.
B) involves sending confirmations to all vendors.
C) involves sending confirmations to active vendors whose balance has not been included in accounts payable.
D) involves sending confirmations to all vendors who have not been included in accounts payable.

Question

Quizplus · Accepted Answer

A zero balance confirmation involves sending confirmations to active vendors whose balance has not been included in accounts payable. It is different from a positive confirmation, which requests vendors to confirm the balance owed to them. Additionally, the confirmation is only sent to vendors who have not been included in accounts payable, not all vendors.

A Zero Balance Confirmation