Test a sample o selecting the sa numbered ehinn
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:Which of the following audit procedures will
best uncover an understatement of sales
and accounts receivables?
Select one:
O 1. Test a sample of sales transactions,
selecting the sample from pre
numbered shipping documents
O 2. Test a sample of sales transactions,
selecting the sample from sales
invoices recorded in the sales
journal
O 3. Confirm accounts receivable
4. Review the aged receivable trial
balance
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