Which of the following sets of information does an auditor usually confirm on one form?

a. Cash in bank and collateral for loans.

b. Accounts payable and purchase commitments.

c. Inventory on consignment and contingent liabilities.

d. Accounts receivable and accrued interest payable.

e. Accounts payable and accounts receivable.

Which of the following transfers between bank accounts is most consistent with the concept called kiting as of December 31, 20X1?

-----------------------------------Schedule of Interbank Transfers----------------------------------------

Receipts Disbursements

Recorded in Books Received by Bank Recorded in Books Paid by Bank

a. 01/03/X2 01/03/X2 12/31/X1 01/05/X2

b. 12/31/X1 01/03/X2 01/03/X2 01/05/X2

c. 01/04/X2 01/04/X2 01/03/X2 01/11/X2

d. 12/31/X1 01/03/X2 12/31/X1 01/05/X2

e. 12/28/X1 12/30/X1 12/30/X1 01/03/X2