In assessing control risk for purchases, an auditor vouches a sample of entries in the voucher register to the supporting documents. Which assertion would this test of controls most likely support?
A. Classification.
B. Occurrence.
C. Completeness.
D. Accuracy.
Answer: B
You might also like to view...
A(n) ________ is a collection of two or more parties within a larger social setting who work together to pursue mutually desirable goals.
Fill in the blank(s) with the appropriate word(s).
Which of the following items are reconciling items on the bank side of the reconciliation?
A) outstanding checks and correction of book error B) deposit in transit and NSF check C) deposit in transit and outstanding checks D) bank service charge and correction of book error
Managers who fail to treat workers with respect or companies that view workers only as costs invite collective action by employees to remedy these conditions.
Answer the following statement true (T) or false (F)
What are the organizational issues companies must address before implementing a lean system?
What will be an ideal response?