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Author Question: Which of the following tests of controls isleastuseful in assessing the transaction-related audit ... (Read 31 times)

heatherbabydoll1

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on: Aug 21, 2022

Question 1

Which of the following should sign checks under conditions of effective internal control?
◦ treasurer
◦ purchasing agent
◦ accounts payable clerk
◦ person preparing the checks

Question 2

Which of the following tests of controls is least useful in assessing the transaction-related audit objective related to occurrence?
◦ Examine documents in voucher package for occurrence.
◦ Examine supporting documents for indication of approval.
◦ Account for sequence of vouchers.
◦ Attempt to input transactions with valid and invalid vendors.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by heatherbabydoll1 on Aug 21, 2022

hariet5

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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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heatherbabydoll1

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

ashely1112

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Reply 3 on: Yesterday
Excellent

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