On Receiving a Client's Bank Cutoff Statement, an Auditor Most

Multiple Choice

On receiving a client's bank cutoff statement, an auditor most likely would trace:

A) Prior-year checks listed in the cutoff statement to the year-end outstanding checklist.
B) Deposits in transit listed in the cutoff statement to the year-end bank reconciliation.
C) Checks dated after year-end listed in the cutoff statement to the year-end outstanding checklist.
D) Deposits recorded in the cash receipts journal after year-end to the cutoff statement.