Question: Indicate the primary audit objective for the following audit procedure: Examine purchase order for proper authorization for a sample of purchase transactions. Occurrence O Completeness
Indicate the primary audit objective for the following audit procedure: Examine purchase order for proper authorization for a sample of purchase transactions. Occurrence O Completeness - transactions O Accuracy - transactions O Classification - transactions O Timing O Posting and summarization Existence O Completeness - balances O Accuracy-balances O Classification - balances O Accuracy - balances O Classification - balances O Cutoff O Detail tie-in O Realizable value O Rights and obligations
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
