[jlee1086]

In set 2 of Chapter 4 SIMS, problem 7, sales invoice and shipping docs are sources when testing completion of A/R. Yet the book mentions nothing about invoice being a source in “1. Auditing A/R.” To make things more confusing, you trace from shipping docs to INVOICE when testing completeness of sales. Does someone have a better explanation for that than the solution? In other words, how would you know certain documents change from source

There are also a number of things Chapter 4 doesn’t make a peep about like internal control questionaires. What are some good notes to supplement Becker on transaction cycles? This topic is making me question if I’ll be ready by next Saturday, even though I got to review stage last Sunday (thank God chapters 5 and 6 went by fast).

FAR 57 (11/2014), 64 (1/2015), 79 (7/2015)
AUD 68 (2/2015), 79 (11/2015)
REG 79 (1/2016)
BEC 81 (4/2016)