Which of the following best describes the primary purpose of performing a walk through for a small number of revenue-related transactions?

a. To provide feedback that the auditors understanding (and documentation) of internal control is appropriate.

b. To determine whether internal controls are operating effectively.

c. To search for material misstatements in the applicable account balances.

d. To evaluate whether the entitys segregation of duties is proper.

e. To justify the auditors reliance on certain specific internal controls.

Which of the following circumstances would most likely conceal a misappropriation of cash and be least likely to be detected by an auditor?

a. Understating the sales journal.

b.Understating the cash receipts journal Understating the sales journal.

c.Overstating the accounts receivable subsidiary ledger.

d.Overstating the accounts receivable control account.

e.Understating the allowance for uncollectibles.