
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 21
When using confirmations to provide evidence about the completeness assertion for accounts payable, the appropriate population most likely would be
A) Vendors with whom the entity has previously done business.
B) Amounts recorded in the accounts payable subsidiary ledger.
C) Payees of checks drawn in the month after year-end.
D) Invoices filed in the entity's open invoice file.
A) Vendors with whom the entity has previously done business.
B) Amounts recorded in the accounts payable subsidiary ledger.
C) Payees of checks drawn in the month after year-end.
D) Invoices filed in the entity's open invoice file.
Explanation
Justification
The previous ve...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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