Which of the Following Is an Example of a Substantive

Multiple Choice

Which of the following is an example of a substantive test that could be used for the audit of the accuracy of sales prices?

A) inspect sales price master authorization forms for the presence of an approval signature
B) observe that the point-of-sale system automatically pulls sales prices from the master file
C) inquire about the process that is used to update sales prices in the sales price master file
D) calculate the gross margin for each product that is sold by the company