To test for proper purchases cutoff, an auditor would obtain the number of the last shipping document (bill of lading)issued during the period under audit and verify that the item received had been included in the inventory listing.

Question

Quizplus · Accepted Answer

The proper purchases cutoff test involves verifying that purchases are recorded in the correct accounting period, not just checking if items are included in the inventory listing.

To Test for Proper Purchases Cutoff, an Auditor Would Obtain