Multiple Choice
An auditor wishes to perform tests of controls on an entity's cash disbursements procedures. If the control activities leave no audit trail of documentary evidence, the auditor most likely will test the procedures by
A) Inquiry and analytical procedures.
B) Confirmation and observation.
C) Observation and inquiry.
D) Analytical procedures and confirmation.
Correct Answer:
Verified
Correct Answer:
Verified
Q27: As an in-charge auditor, you are reviewing
Q37: Assertions about account balances at the period
Q40: A voucher<br>A) Is a bill from the
Q41: Tests of controls for the occurrence assertion
Q43: The cash disbursements journal is also called
Q45: To provide assurance that each voucher is
Q53: The accounts payable department is responsible for
Q55: The auditor can often obtain sufficient appropriate
Q56: Which of the following describes a permanent
Q65: The purchase journal is referred to as