Dual direction testing in the Acquisitions & Expenditures cycle:

A. Describe a directional test that can be performed that would answer the question: Was there a vendor invoice for all recorded liabilities? (be sure to include the documents and terminology involved in this side of the dual direction test).

B. What is the assertion AND account being tested in (A)?

C. What specific question would be answered by performing the directional test in the opposite direction?

D. Is the above test (the one conducted in A.) a test of control or a substantive test? (explain why)