Multiple Choice
An auditor wants to perform tests of controls on a client's cash disbursement procedures.If the control procedures leave no audit trail or documentary evidence,the auditor is most likely to test the procedures by ________.
A) confirmation and observation
B) observation and inquiry
C) analytical procedures and confirmation
D) inquiry and analytical procedures
Correct Answer:
Verified
Correct Answer:
Verified
Q2: What is the usual source of journal
Q3: Which of the following internal control procedures
Q4: What documentary evidence is appropriate in attempting
Q5: Brown CPA was auditing her client Red
Q6: Limiting access to blank documents,such as purchase
Q8: In assessing control risk for purchases,an auditor
Q9: When the auditor selects a sample of
Q10: The statement "items on the accounts payable
Q11: When auditing merchandise inventory at year-end,the auditor
Q12: Briefly explain why the auditor's inventory tests