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.
-Account for the sequence of prenumbered bills of lading and sales invoices.

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. 
-Account for the sequence of prenumbered bills of lading and sales invoices.

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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. 
-Account for the sequence of prenumbered bills of lading and sales invoices.

Below Is Audit Procedure, Which Is Test of Transactions Associated