Sales cutoff tests are performed to obtain evidence that sales are recorded in the proper period. You

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Sales cutoff tests are performed to obtain evidence that sales are recorded in the proper period. You are to perform a cutoff test of sales for a manufacturer that uses pre numbered bills of lading and sales invoices. All sales are FOB shipping point.

Required
How would you perform the cutoff test if the primary audit concern is the
a. Existence of sales
b. Completeness of sales

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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