menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 12: Audit of the sales and collection cycle: Tests of controls and substantive tests of transactions
  5. Question
    When Testing the Existence Objective for Sales, the Direction of Tests
Solved

When Testing the Existence Objective for Sales, the Direction of Tests

Question 92

Question 92

True/False

When testing the existence objective for sales, the direction of tests should be from the journals back to supporting documents.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q25: Misstatements involving the completeness objective for sales

Q70: The receipt of a customer order from

Q87: The inclusion of invalid sales in the

Q88: A document sent to each customer showing

Q89: Misstatements involving the existence objective for sales

Q90: For most firms, the function of indicating

Q91: Which of the following documents is mainly

Q93: Lapping of accounts receivable is the postponement

Q96: The purpose of substantive tests of transactions

Q97: The objective of prenumbering of documents is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines