Question: which management assertion would an auditor be testing if he traced shippign document to sales orders to verify quanities and items ordered were same ones

which management assertion would an auditor be testing if he traced shippign document to sales orders to verify quanities and items ordered were same ones that were shipped?

1 -

existense

2 -

all assetions lsited

3 -

valuation

4 -

completness

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Problem 3 How does computing the amount paid in commissions to Metaphor agents in Problem 2 help an auditor verify the management assertion of completeness? Chapter 3 ACL Exercises and Problems...

I need to finish assignment Assignment 6 WPs 21-1, 21-2, 21-3, 21-5, 21-6, 21-17, 21-18, 21-19, 21-20, 21-21 Assignment 7 WPs 30-1, 30-2, 30-4, 30-5, 30-21, 30-22, 30-23, 30-24 Assignment 8 WPs 20-1,...

1. A set of characteristics that helps to define a seriousness about employees' attitudes about the control activities in a company is referred to as A. Management assertions. B. Control environment....

I need help with this assignment Can you Answer: 3b, 3c, 4a, and 4b thank you Apollo Internal Controls Audit Mini Case In this mini-case you will perform some internal control testing procedures...

attached Case 21: ZOU's Fencing Controls Handout 1 Page 1 ZOU Fencing Inc. (Case 13-9 handout) Account Scoping and Risk Assessment Account Balance and Disclosure: Revenue Class of Transaction:...

Suzie Pickering has experience in the clothing and retail industry, which is why she was assigned to the Cloud 9 audit. Suzie is mentoring Ian Harper, a first-year staff on the audit team, and they...

QUESTION: FOR THE SALES ORDERING PROCESS: 1. Identify specific risks in the sales ordering process (at least 3). 2. Create a specific detective control for each risk you identified in question 1 AND...

I need some *((familiar with Integrated Audit Practice case assignments))* to help me complete this assignment as soon as possible. There is each worksheet that needs to complete missing information....

Consider this system ([Rice]). 0.0003x + 1.556y = 1.569 0.3454x - 2.346y = 1.018 (a) Solve it. (b) Solve it by rounding at each step to four digits.

Assuming principles can be classified into two categories: (a) Accounting concepts (6) Accounting conventions Explain each of the two giving the principles that fall under each (20 Marks)

BUSN604 week 3 quiz The price/earnings ratio (P/E) is calculated as: stock price divided by earnings per share stock price times earnings per share earnings per share divided by stock price stock...

A particle is moving in three dimensions and its position vector is given by; r(t) = (4, 4t + 2, 3t)i + (4, 5t - 2, 3)2 + (3, 3t + 3, 1t)k where r is in meters and t is in seconds. Determine the...