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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 12: Audit of the sales and collection cycle: Tests of controls and substantive tests of transactions
  5. Question
    The Audit Procedure Referred to as Proof of Cash Receipts
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The Audit Procedure Referred to as Proof of Cash Receipts

Question 98

Question 98

Multiple Choice

The audit procedure referred to as proof of cash receipts is useful to test:


A) whether all recorded cash receipts have been deposited in the bank.
B) time lags in making deposits.
C) whether there are cash receipts that have not been recorded in the journals.
D) all of the above

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