Procedures to test whether sales are accurately recorded are normally:
A) conducted in every audit.
B) necessary only if the controls are weak.
C) superfluous during substantive testing.
D) skipped unless fraud is suspected.

Question

Quizplus · Accepted Answer

Procedures to test whether sales are accurately recorded are generally necessary in every audit to ensure the reliability and accuracy of financial statements. It is a critical area that should be tested regardless of the strength of controls in this area, and irrespective of the presence or absence of fraud suspicion.

Procedures to Test Whether Sales Are Accurately Recorded Are Normally