Question
Indicate which of the following audit procedures, used as tests of controls, do not involve audit sampling. (6 points) 1. Observing and evaluating segregation of
Indicate which of the following audit procedures, used as tests of controls, do not involve audit sampling. (6 points) 1. Observing and evaluating segregation of duties. 2. Testing of whether sales invoices are supported by authorized customer orders and shipping documents. 3. Reviewing client's procedures for accounting for the numerical sequence of shipping documents. 4. Examining sales orders for proper credit approval. 5. Recomputing the information on copies of sales invoices. 6. Comparing the average days outstanding in accounts receivable with industry averages.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started