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Sunday, September 6, 2015

List two examples of audit evidence the auditor can use in support of each of the following

Auditing P 7-31

List two examples of audit evidence the auditor can use in support of each of the following:
a. Recorded amount of entries in the acquisitions journal
b. Physical existence of inventory
c. Accuracy of accounts receivable
d. Ownership of fixed assets
e. Liability for accounts payable
f. Obsolescence of inventory
g. Existence of petty cash


Click here for the solution: List two examples of audit evidence the auditor can use in support of each of the following