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Your audit client, BuffBiz, produces a daily report listing each sales invoice and gross margins for each sale. The sales manager for BuffBiz reviews the

Your audit client, BuffBiz, produces a daily report listing each sales invoice and gross margins for each sale. The sales manager for BuffBiz reviews the report each morning and investigates invoices with 2 points unusually high or loty margins. The auditor might test this internal control with any of the following procedures except O Inquiry of the sales manager about his process and resolution of discrepancies. O Reperform the control on a sample basis and determine how any invoices with high or low margins were handled. O Review the reports and look for the initials of the sales manager. O Select a sample of sales invoices and compare details to shipping documents, purchase orders and sales orders. Save Answer
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