Ask Question
BusinessBusiness
Today, 03:59

What are key tests of controls / substantive tests for sales? what are you trying to validate? g?

+3
Answers (1)
  1. Today, 04:12
    0
    Tests of controls and substantive tests for sales are types of tests used in an auditing system. The auditor is attempting to validate whether or not financial statements can be legitimized or whether or not they have failed in legitimacy. Tests of controls can include examining documents, whereas substantive tests include a test that looks for mistakes in financial balances or statements.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What are key tests of controls / substantive tests for sales? what are you trying to validate? g? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Rachel wants to display jewelry in her store window in a way that will attract customers. She wants the display to complement and accentuate the jewelry. How can Rachel display the jewelry in a way that it makes it more appealing? a.
Answers (1)
Although conflict is likely to occur in any supply chain, it is generally more pronounced whena. Retailers pressure manufacturersb. Manufacturers pressure retailersc. The supply chain members are independent entitiesd. The economy is boominge.
Answers (1)
Bob Denton of Denton Pest Control buys equipment from Allied Tools because Allied hires him to spray its warehouse for insects periodically. This practice is an example ofA) cost-benefit trading. B) cooperative selling. C) reciprocity.
Answers (1)
Once an individual has been licensed by the Department of Real Estate, which of the following is considered a violation of law and/or regulation and may result in suspension or revocation of the license.
Answers (1)
Which factor of production refers in part to the experiences and knowledge of laborers
Answers (1)
New Questions in Business
Cool Logos buys logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $ 2 comma 003 comma 000 in September, $ 2 comma 240 comma 000 in October, $ 2 comma 378 comma 000 in November, and $ 2 comma 520 comma
Answers (1)
Why might a business based on a fad be good idea?
Answers (1)
What are key tests of controls / substantive tests for sales? what are you trying to validate? g?
Answers (1)
Sharon, who works in accounting, noticed that the accounting records of her firm drastically overstated the amount of inventory on hand, which led to overstating the assets of the firm.
Answers (1)
Describe free float and how you can use it to your advantage in scheduling and managing a project.
Answers (1)
Home » Business » What are key tests of controls / substantive tests for sales? what are you trying to validate? g?
Sign Up Forgot Password?