Auditors Are Auditing the Cash Receipts for Great Wall Corporation

Short Answer

Auditors are auditing the cash receipts for Great Wall Corporation.For each audit procedure performed (numbered 1-5),select the control objective being tested by placing the correct letter in the blank.
A.Existence
B.Completeness
C.Authorization
D.Accuracy
E.Classification
F.Accounting and posting
G.Proper period
______ 1.For a sample of recorded cash receipts,the auditors compared the date of receipt to the recording date.
______ 2.The auditors traced a sample of daily cash reports to the cash receipts journal.
______ 3.The auditors vouched a sample of recorded cash receipts to the deposits in the bank statement.
______ 4.The auditors recalculate the cash listed on the daily deposit for a sample of recorded cash receipts.
______ 5.The auditors traced a sample of recorded cash receipts to postings in the correct customers' accounts.