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You are auditing the December 31, 2023, accounts payable balance of one of your firm's divisions. The division controller's office has provided you with a
You are auditing the December 31, 2023, accounts payable balance of one of your firm's divisions. The division controller's office has provided you with a schedule listing the creditors and the amount owed to each at December 31, 2023. Which of the following audit procedures would be your best choice for determining that no individual account payable has been omitted from the schedule? Time' Atter 37 • Examine support for selected January 2024 payments to creditors, ascertaining that those relating to 2014 are not on the schedule • Send confirmation requests to creditors that are listed on the schedule but not listed on the corresponding December 31, 2022 schedule • Send confirmation requests to a randomly selected sample of creditors listed on the schedule • Examine support for selected January 2024 payments to creditors, ascertaining that those relating to 2023 are on this schedule
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