Free IOFM APS Exam Questions
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IOFM APS Exam Questions
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Provided By: IOFM
- Exam: Accredited Payables Specialist (APS) Certification
- Certification: IOFM Certification
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Total Questions: 101
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Updated On: Jun 04, 2025
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Rated: 4.9 |
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Online Users: 202
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Question 1
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Sales and use taxes are levied by which of the following? I. Cities and towns; II. Federal government; III.
States.
Answer: C
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Sales and use taxes are levied by which of the following? I. Cities and towns; II. Federal government; III.
States.
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Question 2
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What is the current thinking on the practice of maintaining a petty cash fund?
Answer: A
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What is the current thinking on the practice of maintaining a petty cash fund?
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Question 3
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Assigning a user name and password is one method of:
Answer: C
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Assigning a user name and password is one method of:
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Question 4
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Ways in which an organization could suffer from check fraud include which of the following: I. Check
alteration; II. Invalid payments; III. Stolen issued checks.
Answer: A
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Ways in which an organization could suffer from check fraud include which of the following: I. Check
alteration; II. Invalid payments; III. Stolen issued checks.
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Question 5
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To protect your organization from employee fraud, which of the following controls should be employed?
Answer: D
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To protect your organization from employee fraud, which of the following controls should be employed?