When Using Confirmations to Provide Evidence About the Completeness Assertion

question 15

Multiple Choice

When using confirmations to provide evidence about the completeness assertion for accounts payable,the appropriate population most likely would be ________.

• A)vendors with whom the entity has previously done business
• B)amounts recorded in the accounts payable subsidiary ledger
• C)payees of cheques drawn in the month after the year-end
• D)invoices filed in the company's open invoice file

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Definitions:

Organism

A living entity that can act, react, and engage with its environment, displaying signs of life.

Monozygotic Twins

Twins that originate from a single fertilized egg, splitting and developing into two individuals with identical genetic information.

Genetically Identical

Having exactly the same DNA sequence in every genetic locus, as seen in identical twins or clones.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing fetus while removing waste products.