Question

Classify each item according to the type of documentation:

a) Internal Control Documents, Source Documents, Internal Control Documents, Internal Control Documents, Source Documents, Source Documents
b) Source Documents, Source Documents, Internal Control Documents, Internal Control Documents, Internal Control Documents, Source Documents
c) Source Documents, Internal Control Documents, Internal Control Documents, Source Documents, Source Documents, Internal Control Documents
d) Internal Control Documents, Internal Control Documents, Source Documents, Source Documents, Internal Control Documents, Source Documents

Answer 1

The items in the options can be classified into two types of documentation: Source Documents and Internal Control Documents.

Step-by-step explanation:

The items in each option can be classified into two types of documentation: Source Documents and Internal Control Documents.

Source documents are the original documents that provide evidence of a transaction or event. They include items such as invoices, receipts, bank statements, and purchase orders.

On the other hand, internal control documents are created by an organization to document and guide internal control procedures. They include items such as policies, procedures manuals, and internal audit reports.

Based on these definitions, the classification of each item in the options is as follows:

a) Source Documents, Internal Control Documents, Internal Control Documents, Internal Control Documents, Source Documents, Source Documents

b) Source Documents, Source Documents, Internal Control Documents, Internal Control Documents, Internal Control Documents, Source Documents

c) Source Documents, Internal Control Documents, Internal Control Documents, Source Documents, Source Documents, Internal Control Documents

d) Internal Control Documents, Internal Control Documents, Source Documents, Source Documents, Internal Control Documents, Source Documents