An Auditor Would Test Controls Related to the Occurrence/existence of Sales

question 3

True/False

An auditor would test controls related to the occurrence/existence of sales transactions by sampling recorded revenues and tracing them back to invoices and shipping documents

---

Definitions:

Diodes

Semiconductor devices that allow current to flow in one direction, often used in electronics to rectify, switch, or modulate signals.

Direct Current

An electric current that flows in one direction only, used in many electronic devices and battery-powered systems.

Alternating Current

Electrical current that periodically reverses direction, commonly used in households and industries for power distribution.

Resistance

The opposition to the flow of electric current, measured in Ohms, which affects how much current flows through a circuit.