Assume that the audit client employs a control over sales whereby an accounting clerk completes a reconciliation
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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)
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Related Book For
Auditing A Risk Based Approach
ISBN: 9780357721872
12th Edition
Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg
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