IQN Exam QIA Topic 2 Question 1 Discussion

Actual exam question for IQN's Qualified Internal Auditor exam

Question #: 1
Topic #: 2

Accounts payable schedule verification may include the use of analytical evidence.

Which of the following is most appropriately described as analytical evidence?

AComparing the items on the schedule with the accounts payable ledger or unpaid voucher file.

BComparing the balance on the schedule with the balances of prior years.

CComparing confirmations received from selected creditors with the accounts payable ledger.

DExamining vendors' invoices in support of selected items on the schedule.

Show Suggested Answer

Suggested Answer: B

by Cecily at Jul 27, 2022, 07:43 PM

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