The audit procedure of tracing sales invoices to shipping documents will provide the auditor evidence that:
A) billed sales were shipped.
B) shipments were recorded as receivables in the subsidiary ledger.
C) the accounts receivable master file and the accounts receivable subsidiary ledger reconcile.
D) goods shipped were billed to customers.
Correct Answer:
Verified
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Q10: The understatement of sales and accounts receivable
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