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Which of the following audit procedures is most effective in testing credit sales for understatement? Multiple Choice Trace sample of recorded sales from ledger to
Which of the following audit procedures is most effective in testing credit sales for understatement?
Multiple Choice
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Trace sample of recorded sales from ledger to initial sales slip.
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Confirm accounts receivable.
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Trace sample of initial sales slips through summaries to recorded general ledger sales.
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Age accounts receivable.
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