Description of this paper

12-22 (Objective 12-5) The following are audit pro...

Description

Solution


Question

12-22 (Objective 12-5) The following are audit procedures taken from the CPA firm?s audit program for acquisitions and cash disbursements: 1. Foot the list of accounts payable and trace the balance to the general ledger. Identify whether the above audit procedure is a test of control, a substantive test of transactions, or a test of details balances.

 

Paper#7564 | Written in 18-Jul-2015

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