Searching for unrecorded liabilities: (a) Is not an important audit procedure. (b) Can be done by examining
Question:
Searching for unrecorded liabilities:
(a) Is not an important audit procedure.
(b) Can be done by examining subsequent payments or unmatched invoices.
(c) Is always performed by confirming accounts payable.
(d) Is part of testing the mathematical accuracy of the payables sub-ledger
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b Can be done ...View the full answer
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Related Book For 
Auditing A Practical Approach
ISBN: 978-1118849415
2nd Canadian edition
Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren
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