A Proof of Cash Is Not an Effective Procedure for Identifying

question 62

Multiple Choice

A proof of cash is not an effective procedure for identifying which of the following types of misstatements?

• A) All recorded disbursements were paid by the bank.
• B) All recorded cash receipts were deposited.
• C) All amounts that were paid by the bank were recorded.
• D) Some checks were written for incorrect amounts.

---

Definitions:

Resources

Various types of assets, including material, financial, and human, that can be utilized to achieve goals or meet needs.

Assistance

The provision of help or support to individuals or entities in need.

6 Years

Refers to a period of time equal to six calendar years, often significant in contexts such as childhood development or education.

10 Years

A decade-long period equivalent to 3,652 days, 3,653 in the case of a leap year.