The Five Additional Field Work Standards Included by GAGAS Comprise

question 75

Multiple Choice

The five additional field work standards included by GAGAS comprise all of the following except:

• A) auditor communication.
• B) audit follow-up.
• C) noncompliance other than illegal acts.
• D) working papers.
• E) documentation of the assessment of detection risk for assertions significantly dependent on computerized information systems.

---

Definitions:

Adjusted Cash Balance

The cash balance of a company after adjusting for outstanding checks and deposits in transit, giving a more accurate representation of available funds.

Notes Receivable

A financial asset representing a promise to pay a specific amount of money, plus interest, to the holder of the note at a future date.

NSF Check

Non-Sufficient Funds Check; a check that cannot be processed because the account on which it is drawn does not have enough funds.

Bank Service Charges

Fees charged by banks for various services such as account maintenance, transactions, and overdrafts.