An auditor is planning the testing of the accounts payable balance.The auditor's main concerns should be
A)Existence and accuracy
B)Completeness and cutoff
C)Occurrence and cutoff
D)Valuation and accuracy
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Quizplus · Accepted Answer

The auditor's main concerns for accounts payable are completeness and cutoff to ensure all liabilities are recorded and in the correct period.

An Auditor Is Planning the Testing of the Accounts Payable