Which of the following is the best reason for prenumbering in numerical sequence docu-ments such as sales
Question:
a. Enables company personnel to determine the accuracy of each document.
b. Enables personnel to determine the proper period recording of sales revenue and receivables.
c. Enables personnel to check the numerical sequence for missing documents and unre-corded transactions.
d. Enables personnel to determine the validity of recorded transactions.
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a Incorrect Prenumbering does not provide any assurance that the document is accutate b Incorr...View the full answer
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Related Book For 
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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