Which of the Following Procedures Is an Auditor Most Likely

question 43

Multiple Choice

Which of the following procedures is an auditor most likely to perform in searching for unrecorded payables?

• A)Reconcile receiving reports with related cash payments made just prior to year-end.
• B)Compare the ratio of accounts payable to purchases with the prior year's ratio.
• C)Vouch a sample of creditor balances to supporting invoices,receiving reports,and purchase orders.
• D)Compare cash payments occurring after the balance sheet date with the accounts payable trial balance.

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Definitions:

Overexertion

Excessive physical or mental effort that can lead to injury or illness.

Cerebrovascular Accidents

Medical terminology for a stroke, where blood flow to a part of the brain is suddenly interrupted or reduced, causing brain damage.

Persistent Hypoxia

A condition where there is a consistently low level of oxygen in the tissues, which can lead to multiple system failure if not corrected.

Cardiac Defect

An abnormality in the structure of the heart that is present from birth, potentially affecting the walls, valves, arteries, or veins of the heart.