At which point in an ordinary sales transaction would a lack of specific authorization be of least concern to the auditor?
A) Determination of discounts.
B) Selling of goods for cash.
C) Granting of credit.
D) Shipment of goods.

Question

Quizplus · Accepted Answer

Selling goods for cash typically involves less risk regarding authorization because the transaction is immediate and does not involve credit risk or terms that might require specific authorization.

At Which Point in an Ordinary Sales Transaction Would a Lack