A simple way of testing which period a sale should be recorded in is to:
A)vouch the sale to the delivery documentation for the sale of goods.
B)trace the sale through to the accounting records.
C)observe the account receivable clerk record the sale.
D)None of the above

Question

Quizplus · Accepted Answer

Vouching the sale to the delivery documentation for the sale of goods ensures that the sale is being recorded in the correct period based on when the goods were delivered. This method helps to ensure accuracy in recording sales revenue in the correct period. Trace and observation methods may not be as reliable as vouching to a delivery documentation.

A Simple Way of Testing Which Period a Sale Should