Which of the following audit procedures is most likely to detect a cash balance that is restricted
Question:
Which of the following audit procedures is most likely to detect a cash balance that is restricted as to withdrawal?
a. Review the cutoff bank statement.
b. Prepare an interbank transfer schedule.
c. Make inquiries of management.
d. Compare cash balance with cash budget.
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Related Book For
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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