In the examination of which of the following general ledger accounts will tests of controls be particularly appropriate?
A)Loans payable.
B)Equipment.
C)Sales.
D)Bank charges.

Question

Quizplus · Accepted Answer

Tests of controls are particularly appropriate for sales as it is a revenue account which involves significant risks of misstatement, such as overstatement of sales or improper recognition of revenue.

In the Examination of Which of the Following General Ledger