Question: 1) To best test existence, an auditor would sample from the: A.General ledger to source documents.( explain why this is the answer) 2)Which of the

1) To best test existence, an auditor would sample from the:
A.General ledger to source documents.(explain why this is the answer)

2)Which of the following would indicate the need to use positive accounts receivable confirmation requests?

D) A large number of accounts receivable are in dispute.(explain why this is the answer)

3)An auditor is performing an analytical procedure that involves comparing a client's ratios with other companies in the same industry. This technique is referred to as:

C. Cross-sectional analysis.(explain why this is the answer)

 

 

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Answers 1 Auditor usuallly starts their sampling from General ledger because they can see the detailed transactions of income and expenses through GL ... View full answer

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