Multiple Choice
An entity's internal control requires for every check request that there be an approved voucher,supported by a prenumbered purchase order,and a prenumbered receiving report.To determine whether checks are being issued for unauthorized expenditures,an auditor most likely would select for testing from the population of:
A) Purchase orders.
B) Canceled checks.
C) Receiving reports.
D) Approved vouchers.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: The assertion most directly addressed when performing
Q6: A client recorded a payable for a
Q7: Which of the following tests of controls
Q8: Propex Corporation uses a voucher register and
Q9: The confirmation of accounts payable is most
Q11: Assume that the auditors are concerned
Q12: Which of the following statements is correct
Q13: Confirmation of accounts payable is a required
Q14: Which of the following assertions is of
Q15: Which of the following is a control