An internal control questionnaire indicates that an approved receiving report is required to accompany every check request for the payment of merchandise. Which of the following procedures provides the best evidence for operating effectiveness? Question 34 options:
An internal control questionnaire indicates that an approved receiving report is required to accompany every check request for the payment of merchandise. Which of the following procedures provides the best evidence for operating effectiveness?
Question 34 options:
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Select and examine receiving reports and test whether the related purchase orders are dated no later than the receiving reports. |
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Select and examine canceled checks and test whether the related receiving reports are dated no later than the checks. |
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Select and examine receiving reports and test whether the related purchase orders are dated no earlier than the receiving reports. |
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Select and examine canceled checks and test whether the related receiving reports are dated no earlier than the checks. |
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