The Purpose of the Audit Procedure to "Examine Underlying Documentation

question 61

Multiple Choice

The purpose of the audit procedure to "examine underlying documentation for subsequent cash disbursements" is to

• A)uncover liabilities on the balance sheet that should not have been recorded until a subsequent period.
• B)find the documentation relating to a cash disbursement.
• C)uncover payments made in a subsequent accounting period that represent liabilities at the balance sheet date.
• D)uncover cash disbursements recorded in a subsequent accounting period that should be recorded in that period.

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