Selecting a sample of debits from customer accounts receivable records and vouching them to supporting sales invoices is an audit procedure designed to obtain evidence about the control objective of
A)completeness.
B)validity.
C)authorization.
D)accuracy.

Question

Quizplus · Accepted Answer

Vouching debits from customers' accounts receivable records to supporting sales invoices is an audit procedure designed to obtain evidence about the validity control objective, which verifies that the recorded transactions are legitimate and actually occurred. Completeness would involve vouching credits from sales invoices to customers' accounts receivable records to ensure that all transactions are recorded. Authorization would involve looking at documentation to check approvals. Accuracy would involve checking the mathematical accuracy of the transactions.

Selecting a Sample of Debits from Customer Accounts Receivable Records