Auditor confirmation of accounts payable balances at the balance sheet date may be unnecessary because
A)this is a duplication of cutoff tests.
B)accounts payable balances at the balance sheet date may not be paid before the audit is completed.
C)correspondence with the audit client's lawyer will reveal all legal action by vendors for nonpayment.
D)there is likely to be other reliable external evidence available to support the balances.

Question

Quizplus · Accepted Answer

External evidence, such as vendor statements or invoices, can be used to support accounts payable balances and is often sufficient without the need for confirmation from the vendor.

Auditor Confirmation of Accounts Payable Balances at the Balance Sheet