Which of the following is an accurate statement regarding accounts payable confirmations?A.Accounts payable confirmations may...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Which of the following is an accurate statement regarding accounts payable confirmations?AAccounts payable confirmations may be used by the auditor if monthly vendor statements are not available from the client. B The auditor would typically select vendors with large balances when sending out accounts payable confirmations. C Accounts payable confirmations are considered a primary test when auditing a client's accounts payable. D Both positive and negative accounts payable confirmations may be used by theauditor.
Which of the following is an accurate statement regarding accounts payable confirmations?AAccounts payable confirmations may be used by the auditor if monthly vendor statements are not available from the client. B The auditor would typically select vendors with large balances when sending out accounts payable confirmations. C Accounts payable confirmations are considered a primary test when auditing a client's accounts payable. D Both positive and negative accounts payable confirmations may be used by theauditor.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.