As an important control for the occurrence assertion related to sales, the computer starts with the population of daily sales invoices and develops a one for one match with underlying shipping documents to ensure that each sales invoice is supported by a ________.
A)bill of lading
B)packing slip
C)sales order
D)sales invoice

Question

Quizplus · Accepted Answer

A bill of lading is a document issued by a carrier to acknowledge receipt of cargo for shipment, serving as proof that goods were shipped, which supports the occurrence assertion for sales invoices.

As an Important Control for the Occurrence Assertion Related to Sales