The cutoff assertion for accounts payable includes

The cutoff assertion for accounts payable includes 



A. Determining whether all accounts payable are recorded.

B. Determining whether all accounts payable actually are liabilities.

C. Determining whether all accounts payable are recorded in the proper period.

D. Determining whether all accounts payable are properly classified in the financial statements.


Answer: Determining whether all accounts payable are recorded in the proper period



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