The Auditor Decided to Test Accounts Payable by Sending Confirmations

Multiple Choice

The auditor decided to test accounts payable by sending confirmations to selected vendors. The auditor's best approach in selecting the vendor accounts to confirm is to __________.

A) select vendor accounts with large balances
B) select vendor accounts at random in order to apply a statistical sampling procedure
C) select vendor accounts with small or zero balances
D) select vendor accounts that are past due