The audit program for the Revenue account for a client has been drafted The following item appears Required (a) Does the procedure address the stated assertion Explain (b) If your answer to (a) is no, provide the correct assertion or explain what work would be required to address the assertion (c) Explain what type of evidence is obtained by performing the stated procedure How persuasive is it DETAILED AUDIT PROCEDURE Select a sample of sales invoices recorded a few days prior to the year end and then agree dates on the invoices to the dates on the delivery documents signed by the customer ITEM ASSERTION Cut off 2

Question: The audit program for the Revenue account for a client has been drafted. The following item appears: Required (a) Does the procedure address the stated

The audit program for the Revenue account for a client has been drafted. The following item appears:

DETAILED AUDIT PROCEDURE Select a sample of sales invoices recorded a few days prior to the year end and then agree date

Required

(a) Does the procedure address the stated assertion? Explain.

(b) If your answer to (a) is no, provide the correct assertion or explain what work would be required to address the assertion.

DETAILED AUDIT PROCEDURE Select a sample of sales invoices recorded a few days prior to the year end and then agree dates on the invoices to the dates | on the delivery documents signed by the customer. ITEM ASSERTION Cut-off 2.

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