How would you detect that purchase transactions have not been properly recorded in the correct time period?
A) Trace receiving reports to supplier invoices.
B) Compare the dates on the receiving tickets.
C) Trace unmatched receiving reports to the appropriate journal or ledger.
D) Both a and c.
Correct Answer:
Verified
Q52: Which of the following helps to ensure
Q53: How would you test a computer application
Q54: The accounts payable subsidiary ledger provides what
Q55: Pre-numbering purchase orders achieves which assertion(s)?
A) Authorization.
B)
Q56: In order to meet the completeness assertion
Q58: Requiring receiving reports achieves which assertion(s)?
A) Existence.
B)
Q59: How would you detect that accounts payable
Q60: Computer-assisted audit techniques (CAAT) can be used
Q61: Which of the following are steps in
Q62: Substantive analytical procedures:
A) can replace audit testing
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