Question

What below is not one of the three substantiating document used in conjunction with the BAS program?

Answer 1

The three substantiating documents used in conjunction with the BAS program are bank reconciliation statements, general ledger, and receipts and invoices.

Step-by-step explanation:

The three substantiating documents used in conjunction with the BAS program are:

1. Bank reconciliation statements: These statements compare the bank balance in the accounting records with the bank statement balance to identify any discrepancies.
2. General ledger: This document records all financial transactions of a company, including sales, expenses, and assets.
3. Receipts and invoices: These documents provide evidence of financial transactions, such as purchases and payments.

None of the options mentioned are not one of the three substantiating documents used in conjunction with the BAS program.