An audit team would most likely examine the detail support for which of the following charges?
A)Payroll expense
B)Cost of goods sold
C)Supplies expense
D)Legal expense.

Question

Quizplus · Accepted Answer

Legal expenses would require detailed support as they are often scrutinized by auditors and regulators, and may involve complex legal calculations or billing arrangements. The other expenses listed (payroll, cost of goods sold, supplies) may also require support, but may be more straightforward and less likely to result in issues during an audit.

An Audit Team Would Most Likely Examine the Detail Support