Which of the following audit procedures is best for identifying unrecorded trade accounts payable?

A) reviewing cash disbursements recorded subsequent to the balance sheet date to determine whether the related payable applies to the period before the balance sheet date and whether it was recorded
B) investigating payables recorded just before and after the balance sheet date to determine whether they are supported by receiving reports
C) examining unusual relationships between monthly accounts payable balances and recorded cash payments
D) reconciling monthly vendor statements to the receiving report file to identify items received just before the balance sheet date

A) reviewing cash disbursements recorded subsequent to the balance sheet date to determine whether the related payable applies to the period before the balance sheet date and whether it was recorded

Business

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a. True b. False Indicate whether the statement is true or false

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