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    Post Sws in Aud6 Both Section

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    jeyn122502

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    Post Sws in Aud6 Both Section

    Uploaded by

    jeyn122502
    6 views6 pages

    Original Title

    Post Sws in Aud6 Both Section (1)

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    Copyright:

    © All Rights Reserved
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    Download as pdf or txt
    6 views6 pages

    Post Sws in Aud6 Both Section

    Uploaded by

    jeyn122502

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 6

    PROCUREMENT TO PAY 3-1 ORDER TO CASH 3-1

    MM (3-2)
    ORDER TO CASH (3-2) R2R (3-2)
    POST-SW GROUP 2 (3-2) B. purchase order
    PURCHASE TO PAY C. receiving report
    1.Which of the following methods of testing application controls utilizes a D. supplier’s invoice
    generalized audit software package prepared by the auditors?
    A. Parallel simulation 7. Which duties should be segregated?
    B. Integrated testing facility approach A. matching purchase requisitions, receiving reports, and invoices and
    C. Test data approach authorizing payment
    D. Exception report tests B. authorizing payment and maintaining the check register
    C. writing checks and maintaining the check register
    2. Which of the following computer-assisted auditing techniques allows D. authorizing payment and maintaining the accounts payable subsidiary
    fictitious and real transactions to be processed together without client ledger
    operating personnel being aware of the testing process? 8.Which of the following tasks should the cash disbursement clerk NOT
    A. Integrated test facility perform?
    B. Parallel simulation A. review the supporting documents for completeness and accuracy
    C. Input controls matrix B. prepare checks
    D. Data entry monito C. approve the liability
    D. mark the supporting documents paid
    3.Which document helps to ensure that the receiving clerks actually count
    the number of goods received? 9. When the goods are received and the receiving report has been prepared,
    A. packing list which ledger may be updated?
    B. blind copy of purchase order A. standard cost inventory ledger
    C. shipping notice B. inventory subsidiary ledger
    D. invoice C. general ledger
    D. accounts payable subsidiary ledger
    4.Which task must still require human intervention in an automated
    purchases/cash disbursements system? 10. Which one of the following departments does not have a copy of the
    A. determination of inventory requirements purchase order?
    B. preparation of a purchase order A. the purchasing department
    C. preparation of a receiving report B. the receiving department
    D. preparation of a check register C. accounts payable
    D. general ledger
    5. Which statement is NOT correct for an expenditure system with proper
    internal controls?
    A. Cash disbursements maintain the check register.
    B. Accounts payable maintains the accounts payable subsidiary ledger.
    C. Accounts payable is responsible for paying invoices.
    D. Accounts payable is responsible for authorizing invoices.

    6.Which document typically triggers the process of recording a liability?


    A. purchase requisition
    R2R – 3-1

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