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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