audit 8 Test
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| A. The recognition of expenses in the same period as associated revenuesB. A document used as a source for recording payables. It shows approvals, accounts, and amounts to be recorded ussually attached tohe supporting purchase order, receiving report, and vendor invoiceC. A contract between the shipper and the carrier; includes shipping information such as ship dates and origination, purchase order number, and signatures for receipt of merchandiseD. Accounts payable are not materially understated.E. Cost of Goods SoldF. The recording of expenidutres as assets and charging them to expense by a systematic allocation over a number of yearsG. Examine a sample of cash disbursements in the period subsequent to year endH. Failing to record a liability as an expenseI. A bill sent from the vendor to the entity purchasing hte goods or servicesJ. Property Tax ExmpenseK. Legal expenseL. InvoicesM. Refusal by the purchasing department to approve the vendor.N. The fictitious or separated employees fraudulently maintained on the payroll to obtain checks.O. The annual report of gross salaries and wages and the income, Social Secirity, and Medicare taxes withheld.P. The transfer of data between /among different companies using networks such as the internet.Q. Search for unrecorded liabiilites.R. Personnel tin the furniture company's purchasing department should compre the purchase requisition with the purchase order.S. A substantive procedure to test the completeness assertion for liability accounts.T. Completeness |
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