Auditing and Assurance Services 1st Edition by Iris Stuart

Exercise 5

Which of the following procedures would an auditor most likely perform in searching for unrecorded liabilities a. Trace a sample of accounts payable entries recorded just before year-end to the unmatched receiving report file.
B) Compare a sample of purchase orders issued just after year-end with the yearend accounts payable trial balance.
C) Vouch a sample of cash disbursements recorded just after year-end to receiving reports and vendor invoices.
D) Scan the cash disbursements entries recorded just before year-end for indications of unusual transactions.