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Author Question: The documents typically used to reconcile the balance on the accounts payable list with the ... (Read 17 times)

Hunchojack2019!!

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Question 1

The auditor is performing tests of transactions for individual accounts payable transactions with vendors. Which document provides more reliable information about individual transactions with vendors?
◦ receiving report
◦ vendors' invoices
◦ vendors' statements
◦ purchase orders

Question 2

The documents typically used to reconcile the balance on the accounts payable list with the confirmation or vendors' statements include all of the following except for
◦ receiving reports.
◦ vendors' invoices.
◦ sales invoices.
◦ cancelled checks.


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Marked as best answer by Hunchojack2019!! on Aug 21, 2022

Htimsrs

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Hunchojack2019!!

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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