ACC 403 help A Guide to career/Snaptutorial ACC 403 help A Guide to career/Snaptutorial | Page 4

2. When designing audit procedures, tracing of source documents
to the customers subsidiary ledger and subsequently to the general
ledger is done to satisfy what assertion?
3. The audit procedure referred to as proof of cash receipts is
particularly useful to test:
4. When an employee who is authorized to make customer entries
in the accounts receivable subsidiary ledger, purposefully enters cash
received into the wrong customer's account that employee may be
suspected of:
5. A document sent to each customer showing his or her beginning
accounts receivable balance and the amount and date of each sale,
cash payment received, any debit or credit memo issued, and the
ending balance is the:
6. One of the causes of nonsampling risk is:
7. A sample in which every possible combination of items in the
population has an equal chance of constituting the sample is a:
8. To determine if a sample is truly representative of the
population, an auditor would be required to:
9. When the auditor decides to select less than 100 percent of the
population for testing, the auditor is said to use:
10. Which of the following would have the least impact in
determining sample size?
11. When do most companies record sales returns and allowances?
12. Analytical procedures:
13. The audit procedure that provides the auditor with the most
appropriate evidence when performing test of details of balances for
accounts receivable is:
14. Most tests of accounts receivable are based on what schedule,
file, or listing?
15. The two primary classes of transactions in the sales and
collection cycle are:
16. The appropriate assumption to make regarding the overall
percent of error in those population items containing an error is:
17. The method used to measure the estimated total error amount in
a population when there is both a recorded value and an audited value
for each item in the sample is: