To verify managements assertion of existence, an auditor would most likely: (a) compare a sample of shipping

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To verify management’s assertion of existence, an auditor would most likely:

(a) compare a sample of shipping documents to related sales invoices.

(b) recalculate the total depreciation expense.

(c) confirm a sample of recorded debtors by direct communication with the customer.

(d) compare a sample of sales invoices with sales orders.

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Modern Auditing

ISBN: 9780471230113

1st Edition

Authors: Graham Cosserat

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Question Posted: May 05, 2024 05:01 AM

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To verify managements assertion of existence, an auditor would most likely: (a) compare a sample of shipping

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c confirm a samp...View the full answer

Modern Auditing

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