Which of the Following Audit Procedures Is Best for Identifying

question 69

Multiple Choice

Which of the following audit procedures is best for identifying unrecorded accounts payable?

• A)Reviewing cash disbursements recorded subsequent to the balance sheet date to determine whether the related payables apply to the prior period.
• B)Investigating payables recorded just prior to and just subsequent to the balance sheet date to determine whether they are supported by receiving reports
• C)Examining unusual relationships between monthly accounts payable balances and recorded cash payments
• D)Reconciling vendors' statements to the file of receiving reports to identify items received just prior to the balance sheet date

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Definitions:

Integrins

A family of transmembrane receptors that facilitate cell-extracellular matrix adhesion, critical for cellular signaling and regulation of cell cycle, shape, and motility.

Cadherins

A class of type-1 transmembrane proteins that play important roles in cell adhesion, ensuring cells within tissues are bound together, pivotal in maintaining the structure and function of tissues in multicellular organisms.

Marker Molecules

Biological molecules used to identify or track cells, organs, or other biological substances.

Receptor Proteins

Receptor proteins are molecules on the cell surface or within cells that bind to specific substances and initiate cellular responses.