Below is audit procedure, which is test of transactions associated with the audit of the sales and collection cycle. Also below are the seven general transaction- related audit objectives and the six management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested.
-Compare dates on the bill of lading, sales invoices, and sales journal to test for delays in recording sales transactions.

Question

Below is audit procedure, which is test of transactions associated with the audit of the sales and collection cycle. Also below are the seven general transaction- related audit objectives and the six management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested. 
-Compare dates on the bill of lading, sales invoices, and sales journal to test for delays in recording sales transactions.

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The Answer of Below is audit procedure, which is test of transactions associated with the audit of the sales and collection cycle. Also below are the seven general transaction- related audit objectives and the six management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested. 
-Compare dates on the bill of lading, sales invoices, and sales journal to test for delays in recording sales transactions.

Below Is Audit Procedure, Which Is Test of Transactions Associated