Goods sold on the basis of ‘sales or return ‘ should

Related MCQs

• Goods sold but not recorded in Sales Register is ________________
• ‘Goods sent on approval basis’ have been recorded as ‘Credit sales’. This is an example of _
• In case of sales return, the auditor should examine which documents?
• The auditor should state the reasons for his reservations in audit report and should try to quantify the effect on them. This should be done in case he has expressed _ i) A qualified opinion ii) an unqualified opinion with emphasis of matter paragraph iii) An adverse opinion IV) a disclaimer of opinion
• To test whether sales have been recorded, the auditor should draw a sample from a file of
• Telephone charges should be examine on the basis of ________________
• Stock of goods on consignment should be valued at ________________
• While vouching wages, auditor should examine whether there is proper segregation of duties. Which of the following activities should not be done by same department?
• Which of the following documents is not relevant for vouching of sales ________________
• Which of the following documents is not relevant for vouching cash sales?