The Audit Objective of Determining That Cash in Bank, as Stated

question 124

Multiple Choice

The audit objective of determining that cash in bank, as stated on the reconciliation, foots correctly and agrees with the general ledger can be tested by which of the following procedures?

• A) performing tests for kiting
• B) receiving and testing a cutoff bank statement
• C) proving the bank reconciliation as to additions and subtractions, including all reconciling items
• D) examining the minutes of the board of directors for restrictions on the use of cash

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Definitions:

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Engaging in physical activity on an inconsistent basis, which may not yield the full health benefits of a regular exercise routine.

Exercise Program

A structured regime of physical activities designed to improve health and fitness.

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Interactions and relationships between male and female individuals, influenced by social, cultural, and personal factors.

Mortality Rates

The frequency of deaths in a particular population, quantified typically per thousand individuals per year.