ACCA · Question 15 · Syllabus C: Business functions, regulation and technology
Section A
An internal auditor at ShopSphere, an e-commerce platform, selects a sample of sales invoices from the accounting ledger and works backward to locate the original customer order and shipping dispatch notes. What is the primary purpose of this specific audit procedure?
Answer options:
To ensure completeness, proving that all shipped goods were actually invoiced.
To verify the occurrence and validity of the recorded sales.
To check the mathematical accuracy of the ledger totals.
To confirm the physical existence of inventory in the warehouse.
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