Testing to Ensure That Bank Transfers Are Recorded in Both

question 28

Multiple Choice

Testing to ensure that bank transfers are recorded in both the receiving and disbursing banks helps to detect evidence

• A)that would reduce inherent risk to a minimum.
• B)associated with an attempt to conceal a theft of cash.
• C)that increases reliability with respect to the accuracy of the transfer schedule.
• D)that would warrant decreasing control risk to a minimum.