9706/12 Accounting May Jun 2022 Online Test | Cambridge AS and A Level MCQ
Which statements identify the advantages of using a purchases ledger control account as part of
the accounting system?
1 Compensating errors within the purchases ledger can be found more easily.
2 Errors of commission within the purchases ledger will be detected.
3 The honesty of staff working on the accounts of trade payables is checked.
4 The total amount owing to trade payables can be ascertained quickly.