Which of the Following Audit Procedures Does Not Address Existence/occurrence

question 4

Multiple Choice

Which of the following audit procedures does not address existence/occurrence for accounts receivables and sales?

• A) Trace bill of lading to sales invoice and sales journal.
• B) Confirm balances of unpaid invoices with customers.
• C) Examine subsequent collection.
• D) Scan sales journal for duplicate entries.

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Definitions:

Metri-Pack 280

A type of electrical connector designed for automotive use, known for its waterproof and modular design, accommodating various wiring configurations.

OEM Data Hub

A centralized platform or database used by Original Equipment Manufacturers to manage and distribute vehicle data and specifications.

Truck Data Bus

A communications system within a truck that allows for the exchange of data and control signals between electronic control units.

FMIs

Failure Mode Identifiers, part of diagnostic codes used in vehicle electronic systems to specify the type of failure detected.