sunnyside is being audited by swan and co. externl auditors. the lead partner onthe engagement is interested
Question:
sunnyside is being audited by swan and co. externl auditors. the lead partner onthe engagement is interested in utilizing audit data analytics (ADA) as a substantive test of details, andis discussing themost beneficial use of this technique with the audit manager who will assume responsibility for th day-to-day overseeing of he audit. scenarios, whereby ADA can be utilized as a substantive test of details, include: (select all that apply) Vouching procedure whereby inventory quantities aer matched th depreciation expenses and inventory acquisitions. matching information contained in shipping documents, bills of lading, and sales invoices. matching it internal controls to the relevant audit assertinos whichwill be used to test those controls. vouching accounts receivable balance sheet records of subsequent cash receipts from customers.
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley