As part of the audit on accounts payable, Sarah, the auditor, examines payments made in 2022. For the payments made in 2022 that relate to expenses from 2021, she then traces them to the accounts payable ledger as of December 31, 2021 to ensure that they were included in the balance. This evidence is relevant to what assertion of accounts payable? Completeness Existence Prsentation Disclosure Question 6 (1 point) Listen An auditor selects a number of revenue transactions from December 15 - December 31, 2021. The auditor examines the sales contracts from those transactions to verify that the revenue is earned in the current year (December of 2021), instead of the next year (January, 2022). The auditor is most likely testing which assertion? disclosure presentation cutoff valuation Question 7 (1 point) Listen Shannon is currently engaged to audit the financial statements of Bravo Company. Shannon is seeking evidence regarding the accounts receivable balance. Which of the following pieces of evidence would be the MOST reliable evidence? A confirmation from an independent third party mailed directly to Shannon, confirming the accounts receivable balance. A phone conversation between Shannon and the Accounts Receivable manager in which the AR manager assures Shannon that the balance is correct. A hand-written letter from the CFO of Bravo Company indicating that the accounts receivable balance is correct. All of these answers are correct. Question 8 (1 point) Listen Which of the following tests would most likely test the rights assertion for fixed assets? Physically viewing the asset to ensure that it exists O Observing the title of the asset to ensure that the company owns it Conducting an internet search to determine the fair market value of similar