5.12 Revenue assertions LO ;, g, 3 The audit program for the revenue account for a client has been drafted. The following item appears: Item Assertion Detailed Audit Procedure 2 Cut-off 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 I documents signed by the customer. Required 0 a Does the procedure address the stated assertion? Explain. 0 b If your answer to part 5.12a. 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