For Each of the Following Potential Misstatements, Provide One Potential

question 136

Essay

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

---

Definitions:

Personal Accomplishments

Personal accomplishments are achievements or milestones that an individual has achieved through their effort, talent, or skill.

Attitude Development

The process through which individuals form and change their perspectives, feelings, and beliefs about various topics or situations.

Determining Policy

The process of establishing guidelines, rules, or principles that dictate how an organization's affairs are managed.

Environmental Factors

Elements in the external surroundings that can influence an individual's behavior or an organization's performance.