HW CH 14, 15 - Rosmic Calvo ACCT 275 Chapter 14 & 15...

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Rosmic Calvo ACCT 275 14-21 a) 4 b) 4 c) 3 14-22 a) 4 b) 3 c) 1 d) 1 14-23 a) 4 b) 4 c) 2 15-22 a) 1 b) 3 c) 2 d) 4 15-23 a) 1 b) 3 c) 4 d) 4 15-24 a) 4 b) 3 c) 2 14-24 A B C D 1 Accuracy Examine indication of internal verification. Total amount could be computed incorrectly or Recomputed information on sales invoices.
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incorrect prices could be charged. 2 Occurrence and completeness Examine numerical sequence of sales orders and invoices. Customer orders could be misplace or not filled and shipments or returns not recorded. Trace a sample of shipping documents to related sales invoices and entries into sales journal and A/R master file, then confirm A/R. 3 Occurrence and completeness Observe employees and discuss procedures with personnel. If sales are not recorded, the employee could just keep the proceeds. Trace selected shipping documents to related duplicate sales invoices. 4
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HW CH 14, 15 - Rosmic Calvo ACCT 275 Chapter 14 & 15...

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