What control purposes and management assertions are supported by reconciling vendor invoices and statements to accounts payable

Question:

What control purposes and management assertions are supported by reconciling vendor invoices and statements to subsidiary ledger records?

Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...