Which of the following is not an objective of the cash audit? determine that a. A long-term certificate of deposit is included in the cash balance. b. Cash transfers close to the date of the financial statements have been properly disclosed. c. The client is entitled to the cash balance shown on the Statement of Situation. d. The cash balance includes all transactions recorded and affecting that account
Which of the following is not an objective of the cash audit? determine that a. A long-term certificate of deposit is included in the cash balance. b. Cash transfers close to the date of the financial statements have been properly disclosed. c. The client is entitled to the cash balance shown on the Statement of Situation. d. The cash balance includes all transactions recorded and affecting that account
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
Problem 28CYBK
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