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How would you handle this scenario: In July, the accounts payable (A/P) clerk asked you to open an account named New Expenses. You know that
How would you handle this scenario:
In July, the accounts payable (A/P) clerk asked you to open an account named New Expenses. You know that an account name should be specific and well defined, and you're afraid the A/P clerk might charge some expenses to the account that are inappropriate.
- Why do you think the A/P clerk needs the New Expenses account?
- Who needs to know this information and what action should you consider?
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