Multiple Choice
To test for recorded sales for which there were no actual shipments, the auditor traces from the:
A) sales journal to the bill of lading.
B) sales journal to the accounts receivable subsidiary ledger.
C) bill of lading to the supporting customer order and sales order.
D) bill of lading to the sales journal.
Correct Answer:
Verified
Correct Answer:
Verified
Q33: When designing audit procedures, the direction of
Q34: A proof of cash receipts is generally
Q35: The most difficult type of cash theft
Q36: The auditor's assessment of control risk is
Q37: State the six specific transaction-related audit objectives
Q39: Which one of the following is NOT
Q40: The business functions mainly related to the
Q41: Which of the following documents is mainly
Q42: Most companies recognise sales when goods are
Q43: Monthly statements should be mailed by the