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  3. Study Set
    Auditing and Assurance Services Study Set 2
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    Exam 6: Employee Fraud and the Audit of Cash 227
  5. Question
    A Proof of Cash
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A Proof of Cash

Question 27

Question 27

Multiple Choice

A proof of cash:


A) is required by GAAS.
B) can be used to test the transactions process.
C) is most helpful when control risk for cash is low.
D) always detects lapping.

Correct Answer:

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