Multiple Choice
An auditor is least likely to test the internal controls that provide for:
A) approval of the purchase and sale of marketable securities.
B) vouching a sample of sales transactions to make sure each one has an accompanying shipping document.
C) segregation of the functions of recording disbursements and reconciling the bank account.
D) comparison of receiving reports and vendors' invoices with purchase orders.
Correct Answer:
Verified
Correct Answer:
Verified
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