Answer the following questions by checking "yes" or $"$no$"$ and writing "remarks" using the flowchart below.

Control Objectives and Questions

$(1)$ Are purchases transactions supported by approved

purchase orders?

$(2)$ Are documents cancelled to prevent re$-$use?

$(3)$ Are receiving reports prenumbered and properly

accounted for?

$(4)$ Are receiving reports controlled in a manner that helps

assure that all goods received are recorded?

$(5)$ Is there internal verification of the calculations, prices,

and quantities on vendors' invoices?

$(6)$ Does someone independent of the recording of

purchases function verify that the proper accounts have

been debited and credited for purchases transactions?

$(7)$ Is there an independent comparison of dates on

receiving reports to dates recorded in the voucher

register?

$(8)$ Is there a policy requiring recording of purchases on a

daily basis as close to time of receipt of goods as

possible?

$(9)$ Is the voucher register independently footed and posted

to the general ledger?

$(10)$ Is an independent reconciliation of the accounts

payable subsidiary records and the general ledger

performed regularly?

Audit Objective for Tests of Controls and Substantive Tests of Transactions:

Accuracy Existence or occurrence

Classification Posting & summarization

Completeness Timing