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:

Depression

A psychological condition marked by a continuous low mood or a lack of enthusiasm for activities, leading to considerable disruption in daily functioning.

Locus of Control

A psychological concept that refers to the extent to which individuals believe they have power over events in their lives.

George Kelly

An American psychologist noted for his contribution to personal construct psychology, emphasizing how individuals interpret events and develop cognitive systems.

Static Traits

Personality characteristics or attributes that are believed to be consistent and unchanging over time.