The following are audit procedures from different transaction cycles:1. Examine duplicate copy of shipping documents for evidence that quantities wereverified before shipment.2. Select a sample of payroll checks and agree hours to employee time records.3. Use audit software to foot and cross-foot the sales journal and trace the balance tothe general ledger.4. Examine voucher packages and related vendor invoices for evidence of approval ofaccount classification.5. Trace a sample of shipping documents to entry in the sales journal.6. Examine a sample of warehouse removal slips for signature of authorized official.7. Select a sample of entries in the cash receipts journal and trace to posting in individualcustomer accounts receivable records.8. Select a sample of sales invoices and agree prices to the approved price list.a. For each audit procedure, identify whether it is a test of control or a substantive testof transactions.b. For each audit procedure, identify the transaction-related audit objective or objectives being satisfied.
The following are
1. Examine duplicate copy of shipping documents for evidence that quantities were
verified before shipment.
2. Select a sample of payroll checks and agree hours to employee time records.
3. Use audit software to foot and cross-foot the sales journal and trace the balance to
the general ledger.
4. Examine voucher packages and related vendor invoices for evidence of approval of
account classification.
5. Trace a sample of shipping documents to entry in the sales journal.
6. Examine a sample of warehouse removal slips for signature of authorized official.
7. Select a sample of entries in the cash receipts journal and trace to posting in individual
customer accounts receivable records.
8. Select a sample of sales invoices and agree prices to the approved price list.
a. For each audit procedure, identify whether it is a test of control or a substantive test
of transactions.
b. For each audit procedure, identify the transaction-related audit objective or objectives being satisfied.
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