You are auditing the December 31, 2021, 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, 2021, Which of the following audit procedures would be your best choice for determining that no Individual account payable has been omitted from the schedule?

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle
Section: Chapter Questions
Problem 38RQSC
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You are auditing the December 31, 2021, 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, 2021, Which of the following audit procedures would be your best choice for determining that no Individual account payable has been omitted from the schedule?

 

A. Send confirmation requests to a randomly selected sample of creditors listed on the

schedule

 

B. Send confirmation requests to creditors that are listed on the schedule but not listed on

the corresponding December 31, 2020, schedule.

 

C. Examine support for selected 2022 payments to creditors, ascertaining that those

relating to 2021 are on this schedule.

 

D. Examine support for selected 2022 payments to creditors, ascertaining that those

relating to 2022 are not on the schedule.

 

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