Assume that the audit client employs a control over sales whereby an accounting clerk completes a reconciliation

Question:

Assume that the audit client employs a control over sales whereby an accounting clerk completes a reconciliation between the sales sub ledger and the general ledger. The most important test that the auditor should employ to determine if the control is operating is to talk with the clerk about the procedures and processes involved in the reconciliation.

(T/F)

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing A Risk Based Approach

ISBN: 9780357721872

12th Edition

Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg

Question Posted: