An auditor selects a sample from the file of shipping documents to determine whether invoices were prepared. This test is to satisfy the audit objective of
A) accuracy.
B) existence.
C) control.
D) completeness.

Question

Quizplus · Accepted Answer

The test of selecting a sample from the file of shipping documents to determine whether invoices were prepared is aimed at determining whether all the invoices have been prepared and sent to the customers in a timely fashion. This test aims to achieve the audit objective of completeness, which ensures that all the transactions that should have been recorded have indeed been recorded in the financial statements.

An Auditor Selects a Sample from the File of Shipping