Which of the Following Is a Control for the Completeness

question 60

Multiple Choice

Which of the following is a control for the completeness (of cash receipts assertion) ?

• A)The computer compares each item on the underlying information in the bank remittance report to develop a one for one match with recorded cash receipts in the daily remittance report.
• B)The computer starts with the population of daily cash receipts recorded in the daily remittance report and develops a one for one match with the underlying bank remittance report.
• C)The computer starts with the population of daily cash receipts recorded in the daily remittance report and it compares the dollar amount of each recorded cash receipt with the underlying bank remittance report.
• D)The computer starts with the population of daily cash receipts recorded in the daily remittance report and compares the date recorded in the daily remittance report with the date received and deposited by the bank.

---

Definitions:

Farmers' Alliances

Late 19th-century movements in the United States that aimed to improve the economic conditions for farmers through the creation of cooperatives and political advocacy.

Stored Crops

Refers to harvested agricultural products that are kept in storage, usually to ensure food supply stability or for selling when market conditions are favorable.

Populist Party

A political party in the United States in the late 19th century that sought to represent the interests of farmers and laborers.

Presidential Election

A national election where citizens vote to elect the president and vice president of the country.