Question:If a prepaid expense is expiring (the final month is expensed), and the company has not received an invoice for the upcoming prepaid period, the accounting should:
A Continue to book the monthly expense in the upcoming month and contact the company to find if an invoice will be issued for the coming year
B Do not book the monthly expense and assume your company is no longer in business with the company
C Send an email to the CFO
D Delete the line from Excel and assume no further expense
+ AnswerA
+ Report