An auditor performs a test to determine whether all merchandise for which the client was billed was received. The population for this test consists of all
A) merchandise received.
B) vendors' invoices.
C) canceled checks.
D) receiving reports.

Question

Quizplus · Accepted Answer

The population for this test consists of all vendors' invoices, as the auditor is checking to ensure that all billed merchandise was actually received. This involves matching the vendors' invoices (which detail what the client was billed for) to receiving documentation to confirm receipt of the billed items.

An Auditor Performs a Test to Determine Whether All Merchandise