In: Accounting
The statement that items on the accounts payable register must be supported by a completed voucher package containing a services purchase order and evidence the service was provided is a specific example of which control objective?
A.accuracy
B.presentation and disclosure
C.completeness
D.validity
The statement that items on the accounts payable register must be supported by a completed voucher package is an example of Validity. |
Validity ensures that the transactions actually occurred are properly authorized and carried out as per laid down procedures |
Option D is correct |