The control test that requires "the auditor to compare recorded transactions in the acquisitions journal with the vendor's invoice,receiving report,and other supporting documentation" satisfies the objective of
A)occurrence.
B)classification.
C)completeness.
D)accuracy.

Question

Quizplus · Accepted Answer

This control test ensures that the transactions recorded in the acquisitions journal are accurate by verifying them against the vendor's invoice, receiving report, and other supporting documentation. It checks for the correctness of the amount and other data related to the transactions, thus satisfying the objective of accuracy.

The Control Test That Requires "The Auditor to Compare Recorded