Indicate the primary audit objective for the following audit procedure: Foot the accounts payable listing and agree the total to the general ledger. O Occurrence O Detail tie-in O Accuracy - transactions
Indicate the primary audit objective for the following audit procedure: Foot the accounts payable listing and agree the total to the general ledger. O Occurrence O Detail tie-in O Accuracy - transactions
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Indicate the primary audit objective for the following audit procedure:
Foot the accounts payable listing and agree the total to the general ledger.
O Occurrence
O Detail tie-in
O Accuracy - transactions
O Timing
O Posting and summarization
O Existence
O Completeness - balances
O Accuracy - balances
O Cutoff
O Completeness - transactions
O Realizable value
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