A cutoff bank statement normally covers the ____ day period after the date on which the bank account is reconciled. 1. 2 to 10 2. 7 to 10 3. 5 to 20 4. 5 to 10

Which of the following is not audit procedures for identifying contingent liability? 1. Read minutes of meetings of the board of directors, committees of the board, and stockholders 2. Review contracts, loan agreements, leases, and correspondence from government agencies 3. Inspect other documents for possible guarantees or other similar arrangements 4. The chances of the future event occurring is more than remote but less than likely.

I do not want any explanation or clarification. I just want the right choice.