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:

Control

In experiments, the standard that conditions are compared against to test the effect of variables.

Emotional Bond

A deep, affectionate connection formed between individuals, characterized by feelings of attachment, love, or trust.

Attachment

The emotional bond that forms between individuals, especially from early childhood, influencing personal relationships and behavior patterns throughout life.

Caregiver

An individual who provides care and support to someone who is unable to do so for themselves due to disability, illness, or aging.