Ouf-ofPeriod Liabilities Terts Examine Underlying Documentation for Subsequent Cash Disbursements Examine Underlying Documentation for Bills Not Paid Several weeks after the year-End Trace Receiving Reports Issued before Year-End to Related vendors nyoices Trace Vendors'Statements That Show a Balance Due to the Aeeeunts Payable frialBalande . Send confirmations to vendors with Which the Arens, Loebbecke, Auditing, &/E Client Does business @2000 Prentice hall. IncArens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. Out-of-Period Liabilities Tests • Examine Underlying Documentation for Subsequent Cash Disbursements • Examine Underlying Documentation for Bills Not Paid Several Weeks after the Year-End •Trace Receiving Reports Issued before Year-End to Related Vendors’ Invoices •Trace Vendors’ Statements That Show a Balance Due to the Accounts Payable Trial Balance •Send Confirmations to Vendors with Which the Client Does Business