Question: hat audit procedure would test whether actual purchases are recorded? Select one: a. Sending monthly statements to customers b. Comparing a sample of recorded disbursements
hat audit procedure would test whether actual purchases are recorded? Select one: a. Sending monthly statements to customers b. Comparing a sample of recorded disbursements with properly approved purchase orders, purchase requisitions, vendors invoices and receiving reports c. Testing that a purchase order, receiving report and vendors invoice are present before payments are approved d. Selecting a sample of purchase requisitions and agreeing them to the purchase orders, the purchases posting and the subsequent general ledger posting
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