Luther's Accounts Payable days is closest to ________

A) 39 days
B) 32 days
C) 59 days
D) 42 days

Answer: A

Business

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Under a traditional comprehensive health insurance, long-term care coverage typically includes

A) only custodial care. B) only non-skilled nursing care. C) only skilled nursing care. D) all of the above

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A customer forget to include her account number on her check, and the accounts receivable clerk credited her payment to a different customer with the same last name. Which control could have been used to most effectively to prevent this error?

A) Closed-loop verification. B) Duplicate values check. C) Reasonableness test. D) Reconciliation of a batch control total.

Business