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The auditor’s primary concern in the audit of accounts payable is:
Please add checkmark next to the correct answer(s).
1) existence.
2)completeness.
3)accuracy.
4)rights and obligations.
5)presentation and disclosure.
Solution
The auditors primary concern in the audit of accounts payable is EXISTENCE.that is accounts
payable is existing as on the date and it belongs to the enterprise in which the auditor is auditing.

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The auditor’s primary concern in the audit of accounts payable is.pdf

  • 1. The auditor’s primary concern in the audit of accounts payable is: Please add checkmark next to the correct answer(s). 1) existence. 2)completeness. 3)accuracy. 4)rights and obligations. 5)presentation and disclosure. Solution The auditors primary concern in the audit of accounts payable is EXISTENCE.that is accounts payable is existing as on the date and it belongs to the enterprise in which the auditor is auditing.