Answers Choices:

Confirming year-end payables.

Reviewing receiving reports issued shortly before and after year-end.

Reviewing union contracts.

Reviewing unusual transactions during the year.

Vouching cash disbursements recorded after year-end.

Vouching selected accounts on the year-end trail balance of accounts payable.

Listed below are types of errors and fraud that might occur in financial statements and audit procedures. Match the error or fraud with the audit procedure that is most likely to detect the error or fraud. Replies may be used more than once. Error or Fraud Audit Procedure A purchase was recorded after year-end which should have been recorded prior to year-end and payment of it has not yet occurred. The existence of related party payables. The existence of an unrecorded accrued payable not due for payment for several months. The existence of a fictitious account payable in an audit in which accounts payable are not confirmed. The existence of unrecorded accounts payable