When auditing expense accounts,which of the following would the auditor be least likely to subject to a detailed test of transactions?
A)Legal expense.
B)Utilities expense.
C)Repairs and maintenance expense.
D)Travel expense.

Question

Quizplus · Accepted Answer

Utilities expense is a routine and recurring expense that is unlikely to be subject to fraudulent activity or material misstatement. Therefore, the auditor is least likely to subject it to a detailed test of transactions. Legal expense, repairs and maintenance expense, and travel expense are more susceptible to fraudulent activity or material misstatement and would typically be subject to a more detailed review by the auditor.

When Auditing Expense Accounts,which of the Following Would the Auditor