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Question 33 (3 points) Which of the following would an auditor typically complete when performing a search for unrecorded liabilities? O compare cash payments after

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Question 33 (3 points) Which of the following would an auditor typically complete when performing a search for unrecorded liabilities? O compare cash payments after year-end with the related vouchers and items on the year-end accounts payable trial balance O select a sample of balances on the year-end accounts payable trial balance and vouch to entries in the purchases journal prior to year end trace a sample of receiving reports from the first week of January to items included on the accounts payable trial balance compare the ratio of accounts payable to purchases in the current year to the prior two years Question 34 (3 points) To improve internal control, which of the following is often omitted from the copy of the purchase order that is sent to the receiving department? Oname of the vendor from whom the goods were ordered O quantity of goods ordered description of the goods ordered the date when the goods were ordered Question 35 (3 points) Which of the following would be most likely to cause an auditor to increase the assessed level of control risk when auditing the purchasing and cash disbursements business process? O vendor statements are reconciled to the accounts payable records by an accounts payable clerk and are reviewed by the accounts payable manager any items identified as errors by the purchase order program are investigated by a clerk in the purchasing department and corrections are entered into the purchasing information system O purchase orders are approved by the purchasing manager before being mailed the accounts payable clerk compares the purchase order to the receiving report and vendor invoice before he/she signs the related check When auditing accounts payable, which management assertion would an auditor be most concerned about? completeness valuation or allocation classification Orights and obligations occurrence

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