Tracing copies of sales invoices to shipping documents will provide evidence that all
A) Shipments to customers were recorded as receivables.
B) Billed sales were shipped.
C) Accounts receivable ledger is complete.
D) Shipments to customers were billed.

Question

Quizplus · Accepted Answer

Tracing copies of sales invoices to shipping documents will provide evidence that the billed sales were shipped, which is the main purpose of the tracing procedure. It does not provide evidence of all shipments being recorded as receivables or the completeness of the accounts receivable ledger.

Tracing Copies of Sales Invoices to Shipping Documents Will Provide