Taylor has been engaged to audit the financial statements of University Books, Inc., a full-service college bookstore serving the university community and the general public. University Books maintains a large imprest cash fund exclusively for the purpose of buying used books from students. The cash fund is active year round because the university offers a variety of courses throughout the year, many with varying starting and completion dates. Receipts are prepared for each purchase, and reimbursement vouchers are submitted periodically.

Required:

Draft a questionnaire to use in documenting University Book's controls over the imprest cash fund. The questionnaire should elicit Yes or No responses.