Short Answer
For each of the tests of controls for sales and receivables,indicate the assertion that is supported by placing the correct letter in the blank.
_____A. Scan sales invoices for missing numbers in sequence. 1. Accuracy
______B. Perform arithmetic recalculation of a sample of 2. Completeness recorded sales invoices.
______C. For a sample of recorded sales, determine whether 3. Oecurrence credit was approved.
_______D. Trace a sample of credit memos to postings in 4. Completeness customers' accounts.
_______E. Select a sample of customer accounts and vouch 5. Accuracy debits to sales invoices.
Correct Answer:

Verified
Correct Answer:
Verified
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