menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 18: Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable
  5. Question
    In Determining That the Accounts Payable Cutoff Is Correct, It
Solved

In Determining That the Accounts Payable Cutoff Is Correct, It

Question 82

Question 82

Multiple Choice

In determining that the accounts payable cutoff is correct, it is essential that the cutoff tests be coordinated with the


A) confirmation of payables.
B) tests of long-term liabilities.
C) observation of inventory.
D) cash count.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q77: The test of transactions which requires one

Q78: Explain why auditors should compare current year

Q79: For effective internal control purposes, the accounts

Q80: Auditors are especially concerned about the _

Q81: By tracing receiving reports issued at and

Q83: Typically, a company can determine whether inventory

Q84: The "rights "aspect of the "rights and

Q85: Matching the supplier's invoice, the purchase order,

Q86: The controls over acquisitions included in the

Q87: The acquisition and payment cycle consists of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines