Which Statement Is Correct with Respect to Accounts Payable Confirmations

question 22

Multiple Choice

Which statement is correct with respect to accounts payable confirmations?

• A)The negative form is used in most circumstances.
• B)Accounts with new suppliers are always confirmed.
• C)They are a required auditing procedure.
• D)They are more frequently used in situations in which some vendors don't send monthly statements.

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Definitions:

Douglas Fir

A type of evergreen conifer species, notable for its significant role in the timber industry and its habitat, primarily in North America.

Poplar

A type of fast-growing tree found in temperate regions, known for its soft wood used in various applications.

Oak

A group of trees or shrubs in the genus Quercus, known for their durable wood and significance in various habitats.

Hydrogen Fuel Source

A clean energy option using hydrogen gas as fuel, producing water as the only emission when consumed in a fuel cell.