When examining whether a company has underrecorded accounts payable, each of the following ratios is helpful except:
Question:
When examining whether a company has underrecorded accounts payable, each of the following ratios is helpful except:
a. Acid-test ratio.
b. Accounts payable/Purchases.
c. Accounts payable/Cost of goods sold.
d. Unearned revenue/Accounts payable.
e. Current ratio.
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Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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