Response to the following questions:
1. What are the differences between accounts receivable and accounts payable confirmations?
2. What are some of the typical procedures that might be applied to the audit of the tax provision by an auditor and/or tax specialist?
3. In a properly designed accounts payable system, a voucher is prepared after the invoice, purchase order, requisition, and receiving report are verified. The next step in the system is
a. Cancelation of the supporting documents.
b. Entry of the check amount in the check register.
c. Entering of the voucher into the voucher register.
d. Approval of the voucher for payment.