Match each of the examples of specific control objectives in the production cycle listed 1 through 5 below with the appropriate general control objectives (A through G) and place the identifying letter in the space provided.
____1. Entries derived from job cost sheets are subject to independent
verification.
____2. Labour usage reports are compared to job time tickets.
____3. The production foreman is required to record all material and labour used
as being either direct labour or indirect labour.
____4. Production reports summarizing material and labour used are prepared
weekly and transmitted to the accounting department for recording in the correct
accounting month.
____5. All documents are pre-numbered and the numerical sequence is accounted
for.
A. Validity
B. Completeness
C. Authorization
D. Accuracy
E. Accuracy
F. Classification
G. Proper period cutoff
1. D Accuracy
2. A Validity
3. E Accuracy
4. G Proper period cutoff
5. B Completeness
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