Which of the following statements is not correct? Payroll cash account balances kept on an imprest basis are more easily controlled than others not so kept. During the audit process, the auditor should consider cash is important because of its vulnerability to misappropriation. The auditor should review interbank transfers because the client may be engaged in kiting. Confirmation of cash would be only performed as of the balance statement date because the auditor expresses an opinion as of that date