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  3. Study Set
    Auditing Assurance Services Study Set 1
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    Exam 12: Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions
  5. Question
    The Document Used as the Basis for Recording Sales Transactions
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The Document Used as the Basis for Recording Sales Transactions

Question 39

Question 39

Multiple Choice

The document used as the basis for recording sales transactions and updating the accounts receivable master file is the:


A) bill of lading.
B) sales order.
C) sales journal.
D) sales transaction file.

Correct Answer:

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