Salestransactions:1.Occurrence.Allsalesrecordedarebonafidetransactionsformerchandiseactuallyshippedtocustomers.A.Policyofauthorizationofcreditandterms.B.Evidenceofquantitiesshippedreconciledtoquantitiesinvoiced.C.Monthlystatementsmailedtocustomersandqueriesfollowedup.a.Selectasampleofsalestransactionsfromsalesjournal,checkforappropriateauthorizationandtracetoshippingdocumentfile.c.Observemailingofmonthlystatements,andinquireaboutfollow-upofqueries.2.Completeness.Allsalesshippedhavebeeninvoicedandrecordedinaccountingrecords.A.Shippingdocumentsandsalesinvoicespre-numberedandsequenceaccountedfor.B.Quantitiesshippedperiodicallyreconciledtoquantitiesinvoiced,independentlyofshippingandinvoicingdepartments.C.Shipmentscheckedforshippingdocuments.a.Reviewtheevidenceofcontrolofaccountingfornumericalsequenceofshippingdocumentsandsalesinvoices.b.Inspectevidenceofclient’sreconciliationsofshipmentstoinvoices.c.Observecheckingofshipmentsorinspectselectedshipments.3.Accuracy.A.Recomputationandcomparisonofdetailstosupportingdocuments.B.Monthlystatementsmailedtocustomers.C.Authorizationandindependentfollow-upofcorrespondencewithcustomers.D.Supervisoryreviewandapprovalofsummarizationandposting.E.Approvalofwrite-offsofuncollectableaccounts.F.Programmedcontrolsinprocessingsalestoidentifyunusualsalesamounts.a.Selectasampleoftransactionsfromthesalesjournalandreviewevidencethatcomparisonwithsupportingdocumentationundertakenandthatpricestracedtoapprovedlistandextensionsandfootingsrecomputed.b.Observemailingofmonthlystatements.c.Inspectindicationofsupervisoryreviewandapprovalofsummarizationandposting.d.Inspectapprovalofwrite-offsofuncollectableamounts.e.Testdatatechniquestotestspecificprogrammedcontrols.4.Cut-offs.Allinvoiceshavebeenrecordedinthecorrectperiod.A.Writtenproceduresdetailingthelastsalesrecordedbeforebalancedate,andfirstsaleofnextperiodrecordedinnextperiod.B.Independentcheckthatwrittenproceduresfollowed.a.Observeorascertainthatwrittenproceduresfollowedandindependentcheckcarriedou