For testing the completeness assertion for accounts payable,the auditor would
A)examine a sample of cash disbursements made after year end to determine whether the disbursements were for goods applicable to the previous year.
B)reconcile vendor's statements with the accounts receivable trial balance.
C)examine production equipment for useful lives.
D)gather purchase orders immediately previous to and subsequent to year-end.

Question

Quizplus · Accepted Answer

To test the completeness assertion for accounts payable, the auditor examines cash disbursements made after year-end to ensure that all liabilities incurred in the previous year have been recorded.

For Testing the Completeness Assertion for Accounts Payable,the Auditor Would