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Author Question: An effective procedure to test the occurrence/existence objective for sales is to vouch sales ... (Read 101 times)

hjfhdiskkjs

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on: Aug 21, 2022

Question 1

Which type of misstatement is always a fraud?
◦ sales included in the journals for which no shipment was made
◦ sales to related parties, such as officers and subsidiaries
◦ shipments made to nonexistent customers and recorded as sales
◦ sales recorded more than once

Question 2

An effective procedure to test the occurrence/existence objective for sales is to vouch sales journal entries to copies of sales orders, shipping documents, and sales invoices.
◦ true
◦ false
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Marked as best answer by hjfhdiskkjs on Aug 21, 2022

miro2222

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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hjfhdiskkjs

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

amandanbreshears

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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