Which of the Following Misstatements Is Most Likely to Be

Multiple Choice

Which of the following misstatements is most likely to be uncovered during an audit of a client's bank reconciliation?

A) duplicate payment of a vendor's invoice
B) billing a customer at a lower price than indicated by company policy
C) failure to record a collection of a note receivable by the bank on the client's behalf
D) payment to an employee for more than the hours actually worked