Indicate the primary audit objective for the following audit procedure: Determine whether sales orders are approved by system only for valid customer numbers in customer master file. Occurrence Completeness - transactions O Accuracy - transactions Classification transactions Timing O Posting and summarization Existence Completeness balances Accuracy balances Classification - balances Cutoff Detail tie-in Realizable value Rights and obligations
Indicate the primary audit objective for the following audit procedure: Determine whether sales orders are approved by system only for valid customer numbers in customer master file. Occurrence Completeness - transactions O Accuracy - transactions Classification transactions Timing O Posting and summarization Existence Completeness balances Accuracy balances Classification - balances Cutoff Detail tie-in Realizable value Rights and obligations
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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