Which of the Following Procedures Is an Auditor Most Likely

question 43

Multiple Choice

Which of the following procedures is an auditor most likely to perform in searching for unrecorded payables?

• A)Reconcile receiving reports with related cash payments made just prior to year-end.
• B)Compare the ratio of accounts payable to purchases with the prior year's ratio.
• C)Vouch a sample of creditor balances to supporting invoices,receiving reports,and purchase orders.
• D)Compare cash payments occurring after the balance sheet date with the accounts payable trial balance.

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Definitions:

Pressure Point Therapy

A therapeutic technique that involves applying pressure to specific points on the body to relieve pain or promote health.

American Medical Association

A professional association of physicians in the United States aiming to promote the art and science of medicine and the betterment of public health.

Chiropractic Treatment

A healthcare approach focusing on diagnosing, treating, and preventing mechanical disorders of the musculoskeletal system, especially the spine.

20th Century

The period from January 1, 1901, to December 31, 2000, characterized by significant advancements in technology, science, and social movements.