The auditor performs substantive tests of transactions for sales revenue to determine that the sales revenue reported
Question:
a. The auditor selects a sample of shipping documents and traces the documents to the sales invoices.
b. The auditor selects a sample of sales invoices and traces the documents to the shipping notices.
c. The auditor selects a sample of recorded sales from the sales journal and determines whether credit was approved for the sale.
d. The auditor selects a sample of recorded sales from the sales journal and vouches the prices on the sales invoices to an approved price list.
e. The auditor selects a sample of recorded sales from the sales journal and determines whether the amount billed equals the amount shipped.
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Related Book For
Auditing and Assurance Services An Applied Approach
ISBN: 978-0073404004
1st edition
Authors: Iris Stuart
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