Question: SECTION C - MATCHING QUESTIONS Question 1 ( 7 marks ) Identify the specific audit objectives ( 1 through 1 6 ) for the following
SECTION C MATCHING QUESTIONS
Question marks
Identify the specific audit objectives through for the following audit procedures:
BalanceRelated Audit Objectives
Existence
Completeness
Accuracy
Cutoff
Detall tiein
Realizable value
Classification
Rights and obligations
Presentation
TransactionRelated Audit Objectives
Occurrence
Completeness
Accuracy
Classification
Timing
Posting and summarization
Presentation
tableNoAudit Procedures,Audit ObjectivesAtableExamine the sales invoice to ensure that salestransactions are recorded on the correct accountingperiodBtableCount inventory items and ensure that all has beenincluded in the inventory summary.
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