Question

Accounts payable controls include all of the following, except: a. Mailing of monthly statements to vendors b. Use of chart of accounts and review of account coding c. Matching vendor's invoices to purchase orders and receiving documents d. Use of pre-numbered checks

Answer 1

Answer:

 b. Use of chart of accounts and review of account coding

Explanation:

We must look for what is not part of account payable control.

a. Mailing of monthly statements to vendors

it is as the vendors will agree or check if there is a difference between our statements and their  anod notify us.

 c. Matching vendor's invoices to purchase orders and receiving documents

Doing the proposed willl make sure the supplier deliver what asked and charge what it was agree.

 d. Use of pre-numbered checks

With this information we can check to which vendors we sign an especific check. This will allow us to know if it is still outstanding or not.

b. Use of chart of accounts and review of account coding

While it is a useful tool, it is more a gneeral tool which applied to the whole accounting rather than just account payable