. Cutoff refers to: 1. The reporting principle of ASB standards. 2. All accounts are presented properly on the financial statements. 3. All transactions are recorded in the proper period. 4. Audit work is completed by the date of the auditor's report. O 1 O 2 03 04 Question 11 5 pts . An auditor has identified the controller's review of the bank reconciliation as a control to test. In connection with this test, the auditor interviews the controller to understand the specific data reviewed on the reconciliation. In addition, the auditor verifies that the bank reconciliation is properly prepared by the accountant and reviewed by the controller as evidenced by their respective sign-offs. Which of the following types of audit procedures do these actions illustrate? 1. Confirmation and reperformance. 2. Observation and inspection of assets. 3. Inquiry and inspection of records. 4. Analytical procedures. O 1 02 O 3 O4