Which of the Following Is the Best Audit Procedure for Determining

question 55

Multiple Choice

Which of the following is the best audit procedure for determining the existence of unrecorded liabilities?

• A)Examine confirmation requests returned by creditors whose accounts are on a subsidiary trial balance of accounts payable.
• B)Examine a sample of cash disbursements in the period subsequent to year-end.
• C)Examine a sample of invoices a few days prior to and subsequent to year-end to ascertain whether they have been properly recorded.
• D)Examine unusual relationships between monthly accounts payable and recorded purchases.

---

Definitions:

Cultural Imperialism

The dominance of one culture over another, often through media, cultural products, or even the imposition of language and educational systems.

Behavioral Problems

Actions or behaviors exhibited by individuals, often children or adolescents, that are disruptive or inappropriate for their age level or social norms.

Cultural Relativism

The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture.

Mental Illness

A wide range of mental health conditions that affect mood, thinking, and behavior, including disorders such as depression, anxiety disorders, and schizophrenia.