A Significant Part of the Total Audit That Relates to Cash

question 56

Multiple Choice

A significant part of the total audit that relates to cash is the audit of

• A)physical inventory on hand using an inventory count.
• B)assessment of the accounting policies in use.
• C)substantive testing of the ending accounts payable balance.
• D)sales and collections,payables payments,and payroll payments.

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Definitions:

Bartholin's Glands

Two small glands located near the vaginal opening in females that secrete fluid to lubricate the vagina.

Hospitable Environment

A setting or atmosphere that is welcoming and conducive to comfort or well-being.

Vestibule

The entrance or enclosed area leading into a larger space; in anatomy, it can refer to the space at the entrance of some body cavities.

Bartholin's Glands

A pair of glands located on either side of the vaginal opening that secrete fluid to lubricate the vagina.