Which of the following procedures is most telling in addressing the existence assertion for accounts payable? a.

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Which of the following procedures is most telling in addressing the existence assertion for accounts payable?

a. Test for unrecorded liabilities.

b. Confirm balances with creditors.

c. Verify the accounts payable trial balance.

d. Perform analytical procedures.

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Auditing And Assurance Services

ISBN: 9780538869522

5th Edition

Authors: David Ricchiute

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Which of the following procedures is most telling in addressing the existence assertion for accounts payable? a.

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The correct answer is b Confirm balances with creditors Confirming balances with creditors is the ...View the full answer

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