The Audit Procedure Referred to as Proof of Cash Receipts

question 24

Multiple Choice

The audit procedure referred to as proof of cash receipts is particularly useful to test

• A) time lags in making deposits.
• B) whether all recorded cash receipts have been deposited in the bank.
• C) whether there are cash receipts that have not been recorded in the journals.
• D) the client's reconciliation between cash receipts and bank deposits.

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Definitions:

Lymphocyte

A type of white blood cell that plays an essential role in the immune system, protecting the body from infection and disease.

Macrophage

A type of white blood cell that engulfs and digests cellular debris, foreign substances, microbes, and cancer cells in a process called phagocytosis.

Life-Event Stressors

Significant life events, whether positive or negative, that can cause stress and require significant adjustment from the individual experiencing them.

Immune System

The body's defense mechanism against infections, diseases, and other harmful invaders.