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    Auditing and Assurance Services Study Set 1
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    Exam 14: Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions
  5. Question
    An Effective Procedure to Test the Existence Objective for Sales
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An Effective Procedure to Test the Existence Objective for Sales

Question 59

Question 59

True/False

An effective procedure to test the existence objective for sales is to vouch sales journal entries to copies of sales orders, shipping documents, and sales invoices.

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