Answer each of the following questions by selecting

the appropriate answer:

Within the revenue processes, a signed

approval of a sales order indicates all of the

following except:

An example of an independent verification in

the sales process is:

The purpose of tracing shipping documents to

prenumbered sales invoices would be to

provide evidence that:

The purpose of tracing sales invoices to

shipping documents would be to provide

evidence that:

To ensure that all credit sales transactions of

an entity are recorded, which of the following

controls would be most effective?

Under a system of sound internal controls, if a

company sold defective goods, the return of

those goods from the customer should be

accepted by the:

The source document that initiates the

recording of the return and the adjustment to

the customer's credit status is the