Below is audit procedure, all of which is test of balances associated with the audit of accounts receivable. Also below are the eight general balance- related audit objectives and the four management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested.
-Examine details of sales for five days before and five days after year- end to determine whether sales have been recorded in the proper period.

Question

Below is audit procedure, all of which is test of balances associated with the audit of accounts receivable. Also below are the eight general balance- related audit objectives and the four management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested. 
-Examine details of sales for five days before and five days after year- end to determine whether sales have been recorded in the proper period.

Quizplus · Accepted Answer

The Answer of Below is audit procedure, all of which is test of balances associated with the audit of accounts receivable. Also below are the eight general balance- related audit objectives and the four management assertions. For each audit procedure, indicate (1) its audit objective, and (2) the management assertion being tested. 
-Examine details of sales for five days before and five days after year- end to determine whether sales have been recorded in the proper period.

Below Is Audit Procedure, All of Which Is Test of Balances