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
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
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 14CYBK
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![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8292cb99-b645-4200-8ea1-ee092648bc1e%2F2fb6ea39-8ab0-410c-aff0-ff38e6fb1dbe%2Flhyuo2q_processed.jpeg&w=3840&q=75)
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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