The use of prenumbered sales invoices is the primary control procedure to satisfy the assertion of completeness.

Name: The use of prenumbered sales invoices is the primary control procedure to satisfy the assertion of completeness.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Prenumbered sales invoices primarily help ensure the assertion of occurrence, not completeness, by verifying that all recorded sales are valid and have been invoiced. Completeness is more about ensuring all sales that should be recorded are actually recorded.

The Use of Prenumbered Sales Invoices Is the Primary Control