Identify the type of audit test each procedure represents

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Reference no: EM131794968

Below are examples of audit procedures related to accounts payable. Please identify the type of audit test each procedure represents and the corresponding audit objective. Please also clarify the account or the transaction related to the audit objective (for example, accuracy of the acquisition transactions, classification of accounts payable, etc.). Please provide only one type of audit test and one type of audit objective for each question below. Unrelated answers will result in a deduction of point (6 points)

1. Account for a sequence of purchase orders issued in selected months to ensure their continuity.

2. Select receiving reports issued by the warehouse in the second week of each month and check for proper approval of the warehouse manager.

3. Select receiving reports issued by the warehouse in the last week of December 2015 and compare the dates of receiving reports with the dates of the acquisition journal to ensure. proper recording.

Reference no: EM131794968

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