The main focus taken by the auditor in verifying liability balances is on the discovery of:
a. understated liabilities.b. overstated liabilities.
c. understated or omitted liabilities.
d. overstated or extraneous liabilities.
The main focus taken by the auditor in verifying liability balances is on the discovery of:
b. overstated liabilities.
c. understated or omitted liabilities.
d. overstated or extraneous liabilities.