Selecting a sample of production cost reports and vouching material costs to issue slips and materials-used reports,is a procedure designed to test the control objective of _________.
A)authorization
B)Validity
C)Completeness
D)Accuracy

Question

Quizplus · Accepted Answer

Vouching material costs to issue slips and materials-used reports is a procedure designed to test the control objective of validity, which ensures that all transactions and events are real and authentic, and that only valid transactions are recorded. The other control objectives are not directly related to this procedure.

Selecting a Sample of Production Cost Reports and Vouching Material