A substantive test related to cash includes looking at all deposits in transit on a bank reconciliation to make sure they have actually cleared the bank by the next bank statement or a potential fraud or errant accounting entries have most likely occurred True False QUESTION 5 An example of a substantive test on the Rights assertion would be: a. Procedure to determine whether the long-lived asset balance is reflected on the balance sheet in the noncurrent section b. Procedures related to property, plant, and equipment to determine if the assets havebeen pledged as collateral or title has transferred c. Reconciling the physical asset inventory with the property ledger on a periodic basis d. Sample of asset disposals and examines the sales documentation evidencing disposal of theequipment and recomputes gain or loss on the disposal