The control procedure credit sales approved by credit department is directed toward which transaction assertion? a. Occurrence

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The control procedure “credit sales approved by credit department” is directed toward which transaction assertion?
a. Occurrence
b. Completeness
c. Accuracy
d. Cutoff

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Question Posted: Oct 27, 2014 05:39 AM

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The control procedure credit sales approved by credit department is directed toward which transaction assertion? a. Occurrence

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a Incorrect The sale could occur but not be approved for c...View the full answer

Auditing and Assurance Services

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