Which of the Following Areas Are Tested as Part of the Audit

Multiple Choice

Which of the following areas are tested as part of the audit of the acquisition and payment cycle?

A) payment for raw materials, receipt of raw materials, shipment of goods to customers
B) processing of sales orders, production of goods for clients, and subsequent invoicing
C) processing supplier invoices, vendor master file changes, shipment of goods to customers
D) processing purchase orders, vendor master file changes, receiving goods and services