The most common audit test to verify equipment additions is to
A) examine vendors' invoices.
B) perform an inventory of the fixed assets.
C) confirm the additions with the vendors.
D) trace the vendor invoices to the cash disbursements journal.

Question

Quizplus · Accepted Answer

Examining vendors' invoices is the most common and direct method to verify equipment additions as it provides evidence of the purchase and the cost of the asset acquired.

The Most Common Audit Test to Verify Equipment Additions Is