Accounting MCQ Accounting Chapter 11 If payables turnover has increased significantly since the prior year, this is an indication that which of the following assertions for accounts payable might be violated?

If payables turnover has increased significantly since the prior year, this is an indication that which of the following assertions for accounts payable might be violated?

Naim 14:22 Accounting Chapter 11

If payables turnover has increased significantly since the prior year, this is an indication that which of the following assertions for accounts payable might be violated?

A. Existence or occurrence.

B. Completeness.

C. Rights and obligations.

D. Valuation and allocation.

Answer: Completeness

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Accounting MCQ

If payables turnover has increased significantly since the prior year, this is an indication that which of the following assertions for accounts payable might be violated?

If payables turnover has increased significantly since the prior year, this is an indication that which of the following assertions for accounts payable might be violated?

Learn More :

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