The Plantation accounts-payable file shows this issue: supplier statement omits a paid invoice. Which administrative control should be applied?
Correct Answer
D) vendor reconciliation
AP administration should verify cutoff, reconciliation, and authorization before payment or closing.
Why This Is the Correct Answer
AP administration should verify cutoff, reconciliation, and authorization before payment or closing.
Why the Other Options Are Wrong
Option A: cash drawer closeout
cash drawer closeout puts the item in the wrong financial bucket, timing, base, or comparison for ap cutoff control.
Option B: permit inspection card
permit inspection card puts the item in the wrong financial bucket, timing, base, or comparison for ap cutoff control.
Option C: bid alternate list
bid alternate list puts the item in the wrong financial bucket, timing, base, or comparison for ap cutoff control.
Memory Technique
Administration and verify point to different ledger roads for Supervisor Checks.
Reference Hint
Open-book path: tab Contractor's Manual, 2025 to Business Administration, Accounts Payable Cutoff and Reconciliation; use the stated business record or control rule to verify the answer.
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