Which of the Following Verifications Would Generally Not Be Performed

question 92

Multiple Choice

Which of the following verifications would generally not be performed by the auditor in the month subsequent to the balance sheet date?

• A) Foot the lists of all canceled checks, debit memos, deposits, and credit memos.
• B) Verify the bank statement balances when the footed totals are used.
• C) Verify the book statement balances tie to the cash receipts and disbursements journals for the year under audit.
• D) Review the items included in the footings to make sure that they were cancelled by the bank.

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Definitions:

Phobias

Irrational fears of specific objects, activities, or situations that lead to avoidance behavior.

Alcoholism

A chronic disease characterized by uncontrolled drinking and preoccupation with alcohol, leading to significant impairment or distress.

Extraversion

A personality trait characterized by sociability, talkativeness, and a tendency to seek stimulation in the company of others.

Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.