Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all. thank you so much For each procedure, indicate the primary audit objective being satisfied: Determine whether sales orders are approved by system

please answer all. thank you so much
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
For each procedure, indicate the primary audit objective being satisfied: Determine whether sales orders are approved by system only for valid customer numbers in customer master file. Occurrence O Completeness - transactions Accuracy - transactions Timing O Posting and summarization O Existence Completeness - balances O Accuracy - balances Cutoff Detail tie-in Realizable value Attribute sampling can effectively be used for the following procedure with the sample drawn from sales invoice numbers recorded in the sales journal : Examine the customer order for evidence of credit approval prior to shipment. True False Question 33 0.5 pts Attribute sampling can effectively be used for the following procedure with the sample drawn from sales invoice numbers recorded in the sales journal: Verify that the sales computer program only accepts valid customer numbers in the customer master file. O True False Attribute sampling can effectively be used for the following procedure with the sample drawn from sales invoice numbers recorded in the sales journal: Examine evidence on sales invoice that the prices, quantities and extensions have been checked by the accounts receivable clerk. True False Question 35 0.5 pts Attribute sampling can effectively be used for the following procedure with the sample drawn from sales invoice numbers recorded in the sales journal: Account for the numerical sequence of sales invoices for one month. True O False Attribute sampling can effectively be used for the following procedure with the sample drawn from sales invoice numbers recorded in the sales journal: Vouch entry in sales journal to sales invoice and shipping document. True O False Question 37 0.5 pts Attribute sampling can effectively be used for the following procedure with the sample drawn from sales invoice numbers recorded in the sales journal : Foot the sales journal for the month of June and trace postings to the general ledger. True False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Algebra With Modeling And Visualization

Authors: Gary Rockswold

6th Edition

0134418042, 978-0134418049

Students also viewed these Accounting questions