You Have Been Assigned to the Accounts Payable Transaction Cycle

question 92

Multiple Choice

You have been assigned to the accounts payable transaction cycle as part of your auditing responsibilities.You have decided to vouch a sample of entries in the accounts payable master file to supporting documents.Which assertion is this test of controls most likely to support?

• A)Accuracy
• B)Classification
• C)Completeness
• D)Occurrence

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Definitions:

Inorganic Compound

A compound that is not based on hydrocarbon chains or rings but instead consists of elements other than carbon and hydrogen, often including metals.

Crystalline Structure

The highly ordered arrangement of atoms or molecules within a crystal, giving it characteristic physical properties.

Molten Rock

Rock that has been heated to a liquid state due to extreme temperatures found within the Earth's mantle and crust.

Earth's Surface

The outermost layer of the Earth, consisting of land and water, where various ecosystems and human activities are located.