In the Audit of the Revenue of Hiram Manufacturing Company,the

Multiple Choice

In the audit of the revenue of Hiram Manufacturing Company,the auditors obtain a number of shipping documents shortly before year-end and immediately following the year under audit.The auditors compare the documents to the sales journal in order to test which of the following assertions?

A) Existence of sales.
B) Presentation and disclosure of receivables.
C) Cutoff of sales transactions.
D) Completeness of receivables.