Audit procedures to test controls over sales and accounts receivable could include the procedures listed below. Match ea
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Audit procedures to test controls over sales and accounts receivable could include the procedures listed below. Match ea
Audit procedures to test controls over sales and accountsreceivable could include the procedures listed below. Match each ofthe procedures numbered 1 through 5 to the appropriate controlobjective (A through F) and place the identifying letter in thespace provided. A. Validity B. Completeness C. Authorization D.Accuracy E. Classification F. Proper period cut-off ____ i. Accountfor the integrity of the numerical sequence of shipping documentsand sales invoices. ____ ii. Recalculate pricing, extensions, andfootings on sales invoices. ____ iii. Examine sales orders andshipping documents for evidence of approval. ____ iv. Trace salesinvoices to the sales journal, foot the journal, and trace postingsto the general ledger and the accounts receivable subsidiary ledgerand ensure it is recorded in correct accounting month. ____ v.Trace sales journal entries to sales invoices and shippingdocuments.