Question
Which of the following is not an objective of the cash audit? determine that a. A long-term certificate of deposit is included in the cash
Which of the following is not an objective of the cash audit? determine that
a. A long-term certificate of deposit is included in the cash balance.
b. Cash transfers close to the date of the financial statements have been properly disclosed.
c. The client is entitled to the cash balance shown on the Statement of Situation.
d. The cash balance includes all transactions recorded and affecting that account.
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
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