Which of the following audit procedures is least likely to detect an unrecorded liability? A)Analysis and recomputation of interest expense. B)Analysis and recomputation of depreciation expense. C)Mailing of a cash confirmation form. D)Reading of the minutes of meetings of the board of directors.

Question

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Analysis and recomputation of depreciation expense is the least likely to detect an unrecorded liability as it is not directly related to liabilities. Option A may detect unrecorded interest expense which is a liability, option C may detect unrecorded accounts payable, and option D may detect unrecorded contingencies or contractual obligations that create a liability.

Which of the Following Audit Procedures Is least Likely to Detect