What Form of Evidence Is Used by the Auditor to Verify

question 94

Multiple Choice

What form of evidence is used by the auditor to verify bank reconciliation items?

• A)Cash counting observation.
• B)General ledger.
• C)Bank confirmation
• D)Cutoff statement.

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Definitions:

Task Composition

The way in which a task is broken down and organized into smaller components or steps to facilitate accomplishment.

Cross-functional Teams

Teams composed of members from different departments within an organization, working towards a common goal.

Virtual Teams

Groups of people who work together toward common goals through electronic communications technology, despite geographical separation.

Virtual Teams

Groups of individuals who work together from different geographical locations, connected by technology such as email, video conferencing, and collaborative software.