Multiple Choice
An audit plan of substantive procedures for cash would not include:
A) request a cutoff bank statement be mailed to the client.
B) request client to prepare bank reconciliations.
C) prepare a schedule of interbank transfers for a period of ten business days before and after year-end date.
D) obtain a written client representation concerning compensating balance agreements.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: List, and briefly describe, the three factors
Q10: An auditor is considering whether the omission
Q11: Each of the following is a type
Q12: When counting cash on hand the auditor
Q13: Which of the following is ordinarily considered
Q15: An entity with a large volume of
Q16: An auditor would least likely initiate a
Q17: In the audit of cash the auditor
Q18: Narbona, CPA, is reviewing controls over cash
Q19: Micro Chip Corporation (MCC) has a special