What are the similarities and differences in the objectives of the following two procedures?
(1) Select a random sample of receiving reports and trace them to related vendors’ invoices and acquisitions journal entries, comparing the vendor’s name, type of material and quantity acquired, and total amount of the acquisition.
(2) Select a random sample of acquisitions journal entries and trace them to related vendors’ invoices and receiving reports, comparing the vendor’s name, type of material and quantity acquired, and total amount of the acquisition.