Chapter 9 Practice Exercises

Audit procedures:

(1)Select a sample of shipping documents, and identify those for which no related invoice exists.

(2)Select a sample of entries in the sales journal and compare with the related shipping documents.

(3)Select a sample of shipping documents, and identify those for which no related cash receipt exists.

(4)Select shipping documents from just after year-end and verify that the related sale is included in the sales register.

(5)Select shipping documents from just before year-end and verify that the related sale is excluded from the sales register.

(6)Select shipping documents from just before year-end and verify that the related sale is included in the sales register.

Which audit procedure above would most likely be used to:

a.Verify that recorded sales are valid?

b.Verify that all valid sales were recorded?

c. Test for proper cut-off of sales?