Examlex
Match five of the terms for documents and records (a- k) with the descriptions provided below (1- 5):
a. customer order form
b. sales order
c. bill of lading
d. sales invoice
e. summary sales report
f. accounts receivable master file
g. monthly statement
h. remittance advice
i. prelisting of cash receipts
j. credit note
k. uncollectible account authorisation form.
1. A schedule prepared by an independent person when cash is received. It is used to verify whether cash received was recorded and deposited at the correct amounts and on a timely basis.
2. A document indicating a reduction in the amount due from a customer because of returned goods or an allowance granted.
3. A document prepared to initiate shipment of goods, indicating the description of the merchandise, the quantity shipped and other relevant data. It is a written contract between the carrier and seller of the receipt and shipment of goods.
4. An internal document for communicating the description, quantity and related information for goods ordered by a customer. This is frequently used to indicate credit approval and authorisation for shipment.
5. A document that accompanies the sales invoice mailed to the customer, which can be returned to the seller with the cash payment.
Primary Drives
States of tension or arousal that arise from a biological need and are unlearned.
Reduction
In psychology, it refers to simplifying a complex phenomenon by breaking it down into its component parts for easier study or understanding.
Motivation
All the processes that initiate, direct, and sustain behavior.
Primary Drives
Basic, innate urges such as hunger, thirst, and the drive for sex, which are essential for survival.
Q1: Discuss the four aspects of the audit
Q1: In estimating the population misstatement, the first
Q9: Which of the following gives the best
Q11: The costs used to value the physical
Q13: The ranking approach involves the ranking of
Q75: The file for recording each payroll transaction
Q78: Assessed control risk and acceptable risk of
Q97: When the auditor plans to use analytical
Q104: Statistical sampling is less commonly used for
Q138: Explain the steps involved in systematic sample