Multiple Choice
The audit procedure that requires the auditor to record the last cheque number used on the last day of the year and subsequently trace to the outstanding cheques and the cash disbursements journal is performed to satisfy the audit objective of
A) detail tie-in.
B) existence.
C) completeness.
D) allocation.
Correct Answer:
Verified
Correct Answer:
Verified
Q58: Which of the following audit tests pertains
Q59: What audit objective is associated with the
Q60: During the audit of cash,the focus of
Q61: The auditor uses a proof of cash
Q62: The most important internal control for petty
Q63: In addition to the possibility of kiting,inaccurate
Q64: Jane works for Middle Co.She is responsible
Q66: Following are situations that an auditor might
Q67: After the bank confirmation has been received
Q68: Bank reconciliations are normally verified on a