Which of the following procedures is an auditor most likely to perform in searching for unrecorded payables?
A) Compare the ratio of accounts payable to purchases with the prior year's ratio.
B) Compare cash payments occurring after the balance sheet date with the accounts
payable trial balance.
C) Vouch a sample of creditor balances to supporting invoices, receiving reports, and
purchase orders.
D) Reconcile receiving reports with related cash payments made just prior to
year-end.
B) Compare cash payments occurring after the balance sheet date with the accounts
payable trial balance.
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