CAATS (Computer Assisted Auditing Techniques) can be used in all of the following ways when gathering evidence except: Multiple Choice For the selection of accounts receivable, loans, or other receivables for confirmation. For matching vendor invoices with supporting purchase orders and receiving reports For the development of expectations when performing analytical procedures.

CAATS (Computer Assisted Auditing Techniques) can be used in all of the following ways when gathering evidence except: Multiple Choice For the selection of accounts receivable, loans, or other receivables for confirmation. For matching vendor invoices with supporting purchase orders and receiving reports For the development of expectations when performing analytical procedures.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle

Section: Chapter Questions

Problem 25CYBK

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Which of the following audit procedures represent a substantive test of transaction that would validate managements assertion on occurrence of a purchase transaction a. Comparing the classification of the transaction based on the supplier's invoice with the company’s chart of accounts. b. Recalculation of the supplier's invoice to check its mathematical accuracy. c. Reviewing and scanning of the purchases journal for large or unusual amounts. d. Tracing from the file of receiving reports to the purchases journal
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