For each of the following potential misstatements, provide one potential audit test that could be used to detect the misstatement. sales included in the journals for which there was no shipment sale recorded more than once shipments made to nonexistent customers and recorded as sales

For each of the following potential misstatements, provide one potential audit test that could be used to detect the misstatement. sales included in the journals for which there was no shipment sale recorded more than once shipments made to nonexistent customers and recorded as sales

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter9: Auditing The Revenue Cycle.

Section: Chapter Questions

Problem 25CYBK

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Question

For each of the following potential misstatements, provide one potential audit test that could be used to detect the misstatement.

sales included in the journals for which there was no shipment
sale recorded more than once
shipments made to nonexistent customers and recorded as sales

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