Multiple Choice
Tests of controls for the occurrence assertion for purchases include all of the following except:
A) Evaluating proper segregation of duties.
B) Testing a sample of vouchers for an authorized purchase order.
C) Testing a sample of vouchers for matching receiving reports.
D) Tracing a sample of vouchers to purchases journal.
Correct Answer:
Verified
Correct Answer:
Verified
Q27: As an in-charge auditor, you are reviewing
Q37: Assertions about account balances at the period
Q40: A voucher<br>A) Is a bill from the
Q42: Operating control over the check signature plate
Q42: An auditor wishes to perform tests of
Q43: The cash disbursements journal is also called
Q45: To provide assurance that each voucher is
Q53: The accounts payable department is responsible for
Q55: The auditor can often obtain sufficient appropriate
Q65: The purchase journal is referred to as