Review the control description section on audit schedule E11, what aspects of the client's review control ( review of Receiving Report Exception Report) are manual and how might that be dependent on automated components?

E 11 TH Reference: Prepared by: Date: Reviewed by: Town and Country Hardware Purchase Cycle Test of Operating Effectiveness of Receiving Report Exceptions Control Description The accounting information system generates and prints a weekly exception report of unused receiving reports. Fredrick Cooper from accounting follows up on all receiving reports listed on the exception report to make sure they are properly captured in the accounting records. Presentation and Disclosure Existence Rights and Obligation Accounts and Planned Risk of Material Misstatement Accounts Payable Cost of Goods Sold Completeness Medium Medium Valuation Medium Medium Control Type Manual Manual with Automated Component Automated Audit Procedure Select 5 weekly receiving reports exception reports. Examine the exception reports and determine if products received from suppliers/vendors were properly included in the accounting records. Sample Items Test (Weekly Exception Reports) Week 3 Week 19 Week 31 Week 37 Week 51 Exceptions Identified Related to Client Control No exceptions to the client control were identified. Evaluation Conclusion Not Effective Effective Control is: Presentation and Disclosure Existence Completeness Valuation Rights and Obligation Accounts and Final Assessment of the Risk of Material Misstatement Accounts Payable Cost of Goods Sold