Which of the following procedures is least likely to be completed before the balance sheet date? A)Observation of inventory. B)Review of internal control over cash disbursements. C)Search for unrecorded liabilities. D)Confirmation of receivables.

Question

Quizplus · Accepted Answer

The search for unrecorded liabilities is typically performed after the balance sheet date. This is because it involves identifying liabilities that may not have been recorded by the end of the reporting period, which can often only be fully assessed after the period has ended.

Which of the Following Procedures Is least likely to Be