The Analytical Procedure That Requires the Auditor to "Inspect the List

question 49

Multiple Choice

The analytical procedure that requires the auditor to "inspect the list of accounts payable for unusual or non-vendor payables" would have the best chance of discovering which possible error?

• A)misstatement of accounts payable and expenses
• B)classification error for non-trade liabilities
• C)unrecorded accounts or misstatements
• D)invalid accounts or misstatements

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Definitions:

Species

A collection of living beings comprised of comparable individuals who have the ability to exchange genetic material or reproduce with one another.

Water Cycle

The endless cycle of water moving across, above, and beneath the Earth's surface, which includes activities like evaporation, condensation, precipitation, and infiltration.

Hydrogen Cycle

The biogeochemical cycle of hydrogen, which involves the movement and exchange of hydrogen atoms between the biosphere, lithosphere, atmosphere, and hydrosphere.

Phosphorus Cycle

A biogeochemical cycle that describes the movement of phosphorus through the lithosphere, hydrosphere, and biosphere.