The typical procedures performed to search for unrecorded payables are referred to as subsequent payments testing and cut-off testing.

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Subsequent payments testing involves reviewing payments made after the financial statement date to determine if they should have been recorded as payables at year-end. Cut-off testing involves testing the timing of transactions to ensure they have been recorded in the correct accounting period. Both of these procedures are commonly used to search for unrecorded payables.

The Typical Procedures Performed to Search for Unrecorded Payables Are