Which of the Following Procedures Would Auditors Most Likely Perform

question 29

Multiple Choice

Which of the following procedures would auditors most likely perform in obtaining evidence about subsequent events?

• A)Determine that changes in employee pay rates after year end were properly authorized.
• B)Recompute depreciation charges for plant assets sold after year end.
• C)Inquire about payroll checks that were recorded before year end but cashed after year end.
• D)Investigate changes in long-term debt occurring after year end.

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Definitions:

Viewing

The act of examining or inspecting something closely, often used in the context of analyzing data or behaviors.

Decisions

The process of making choices among various options based on the analysis and judgment of the situation.

Ethical Obligations

Moral duties or commitments that guide individuals or organizations in their actions and decisions.

Competency

The ability to do something successfully or efficiently, often referring to a specific skill or type of behavior.