This topic contains a solution. Click here to go to the answer

Author Question: Which of the following tests of controls isleastuseful in assessing the transaction-related audit ... (Read 68 times)

heatherbabydoll1

  • Full Member
  • ***
  • Posts: 148

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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by heatherbabydoll1 on Aug 21, 2022

hariet5

  • Full Member
  • ***
  • Posts: 157
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.
Answer Preview
Only 39% of students answer this correctly




heatherbabydoll1

  • Member
  • Posts: 148
Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)


carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library