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If an Auditor Selects a Sample of Customer Accounts Receivable

question 14

True/False

If an auditor selects a sample of customer accounts receivable and traces payment credits to remittance worksheets and bank deposits,the auditor is testing the control objective of completeness.


Definitions:

Internet Connections

The method by which computers and devices are able to access the World Wide Web and other online services.

Internet

A global network of computers and other devices that communicate through a standardized set of protocols to exchange information.

Network of Networks

Describes the internet as a global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to communicate between networks and devices.

Intranet

A private network accessible only to an organization's staff, often used to store, organize, and share company information internally.

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