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

question 42

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 collections.
• D)Scan sales journal for duplicate entries.

---

Definitions:

Triangular Theory

Refers to Sternberg's Triangular Theory of Love, emphasizing that love consists of three components: intimacy, passion, and commitment, each forming a vertex of a triangle.

Motivational Component

Elements or factors that energize, direct, and sustain behavior towards achieving a specific goal or fulfilling a need.

Sternberg's

refers to Sternberg's Triarchic Theory of Intelligence, which posits three main components of intelligence: analytical, creative, and practical.

Triangular Theory

A theory that describes love in terms of three components: intimacy, passion, and commitment, positing that different combinations lead to different types of love.