The TOB procedure which requires the auditor to vouch select

The TOB procedure which requires the auditor to vouch selected balances from the accounts payable trial balance to the voucher packets and vendor invoices satisfies the audit objective of 33. a. existence or occurrence. b. understandability. c. completeness. d. classification.

Solution

Solution: Existence and occurence

Explanation: In audit procedure, existence and occurence may confirm accounts payable balances (not needed); and vouch choosen amounts to the voucher packages