When an audit team traces a sample of shipping documents to the related sales invoice copies, they
Question:
a. Shipments to customers were invoiced.
b. Shipments to customers were recorded as sales.
c. Recorded sales were shipped.
d. Invoiced sales were shipped.
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a Correct Shipments are traced to customers invoices This does not imply that the invoices were recorded in the sales journal b Incorrect See a above The invoice ...View the full answer
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Related Book For 
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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