To determine whether accounts payable are complete,an auditor performs a test to verify that all merchandise received is recorded.Which of the following is the population for this test?
A)supplier invoices
B)purchase orders
C)receiving reports
D)customer invoices

Question

Quizplus · Accepted Answer

The population for this test would be the receiving reports, as these documents provide evidence of all merchandise received by the company. The auditor would want to verify that all items recorded on receiving reports were included in accounts payable. Supplier invoices and purchase orders may not necessarily reflect all merchandise received, and customer invoices are not relevant to verifying accounts payable completeness.

To Determine Whether Accounts Payable Are Complete,an Auditor Performs a Test