Which of the following audit procedures will best uncover an - ProProfs Discuss
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Which of the following audit procedures will best uncover an understatement of sales and accounts receivables?



A. Test a sample of sales tranactions, selecting the sample from prenumbered shipping documents
B. Test a sample of sales tranactions, selecting the sample from sales invoices recorded in the sales journal
C. Confirm accounts receivable
D. Review the aged receivable trial balance

This question is part of Auditing - Final - Multiple Choice
Asked by Dodonutt, Last updated: Jan 18, 2020

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2 Answers

E. Good

E. Good

Answered Jan 31, 2019

Correct answer is option A
All the audit procedures listed above are methods to audit sales and accounts receivables, but the best method to uncover an understatement of sales and accounts...Read More
 

John Smith

John Smith

Answered Dec 09, 2016

Test a sample of sales tranactions, selecting the sample from prenumbered shipping documents

LO #16-3
 

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