It is normal practice for the auditor to trace from prenumbered remittance advices or prelists of cash receipts to the cash receipts journal and the accounts receivable subsidiary records.

Question

Quizplus · Accepted Answer

It is indeed normal practice for auditors to trace from prenumbered remittance advices or prelists of cash receipts to the cash receipts journal and the accounts receivable subsidiary records as a part of their audit procedures for testing the completeness and accuracy of recorded cash receipts and accounts receivable balances.

It Is Normal Practice for the Auditor to Trace from Prenumbered