Which of the following procedures most likely represents an internal control de- signed to reduce the risk of errors in the billing process?
The following questions deal with internal control and audit evidence in the sales and collection cycle. Choose the best response. a. Tracing shipping documents to sales invoices provides evidence that (1) sales billed to customers were actually shipped. (2) all goods ordered by customers were shipped. (3) shipments to customers were recorded as sales. (4) […]