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  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
    Which of the Following Is the Document Used as the Basis
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Which of the Following Is the Document Used as the Basis

Question 62

Question 62

Multiple Choice

Which of the following is the document used as the basis for recording sales transactions and updating the accounts receivable master file?


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

Correct Answer:

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