2 . Select a sample of entries in the acquisitions journal and trace each one to a related vendor ’ s invoice to determine whether one exists .
3 . Examine documentation for acquisition transactions before and after the balance sheet date to determine whether they are recorded in the proper period
ACCT 444 Week 5 Quiz
CLICK LINK BELOW TO PURCHASE
http :// www . assignmentpath . com / product / acct-444-week-5-quiz
1 . ( TCO 6 ) For efficiency , tests of controls are frequently done at the same time as 2 . ( TCO 6 ) Which of the following is not a direct result of performing analytical procedures ? 3 . ( TCO 6 ) Which of the following audit tests is usually the most costly to perform ?
4 . ( TCO 6 ) Which of the following represents an incorrect pairing of a type of audit test and evidence ?
5 . ( TCO 6 ) The sequence of steps in gathering evidence as the basis of the auditor ' s opinion are
6 . ( TCO 9 ) It is important that sales be billed and recorded in the journal as soon as possible after
7 . ( TCO 9 ) At which point in an ordinary sales transaction would a lack of specific authorization be of least concern to the auditor ?
8 . ( TCO 9 ) Proper separation of duties is useful to prevent various types of misstatements . Which of the following is not an essential separation of duties ?
9 . ( TCO 9 ) Which one of the following would the auditor be concerned with when examining the client ' s billing function