When a sample of customer accounts receivable is selected for vouching debits, auditors will vouch them to:
A)sales invoices with shipping documents.
B)records of accounts receivable write-offs.
C)cash remittance lists and bank deposit slips.
D)credit files and reports.

Question

Quizplus · Accepted Answer

Vouching debits means verifying the accuracy of debit entries in the accounts receivable ledger. To do this, auditors will trace or vouch the debit entries back to the original sales invoice with supporting documentation such as shipping documents, to ensure that the amount and timing of the sale is accurately recorded. Therefore, choice A is the best option as it relates directly to the verification of sales transactions.

When a Sample of Customer Accounts Receivable Is Selected for Vouching