Question: Only need the answer. no need for any explanations please Question 1 (0.25 points) Tests of details of transactions for payables balances include: 0 a)
Only need the answer. no need for any explanations please



Question 1 (0.25 points) Tests of details of transactions for payables balances include: 0 a) vouching recorded payables to supporting documentation. 0 b) confirming payables with major suppliers by reviewing the accounts payable ledger or accounts payable master file. 0 c) comparing financial statement presentation with applicable regulations and accounting standards. 0 d) verifying directors' and executive officers' remuneration. Question 2 (0.25 points) Tests of details of balances for payables include all of the following accept: O a) confirming accounts payable. 0 bl searching for unrecorded liabilities. O C) verifying directors' and executive officers' remuneration. Q d) reconciling payables with monthly statements received by the entity from suppliers. Question 3 (0.25 points) The levels of evidence obtained when performing substantive procedures includes: 0 a) general. 0 b) minimal. 0 C) persuasive. Q d) all of the above. Question 4 (0.25 points) In a credit sales environment, the document that usually initiates the activity in the sales cycle is: O a) customer order. 0 b) sales order. 0 C) dispatch note. 0 d) sales invoice. Which of these is not considered a substantive procedure? 0 a) tests of controls. 0 '3) tests of details of balances. O C) analytical procedures. 0 d) tests of details of transactions. Question 6 (0.25 points) Which of the following is not a factor that tends to increase the inherent risk for purchases and payables? O a) all are factors that tend to increase the inherent risk for purchases and payables. O b) liquidity issues may tempt management to understate payables. O C) a high volume of transactions. 0 d) the number of directors
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