Which of the Following Controls Over Cash Would an Auditor

question 29

Multiple Choice

Which of the following controls over cash would an auditor expect to observe?

• A)Reconciliation of the general ledger to the subsidiary ledger.
• B)Checks permanently marked "for deposit only" with the proper routing information.
• C)Internal audits of marketable securities held in the company's lockbox.
• D)Authorization privileges given only to those employees using the accounting system.

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Definitions:

Simp

A slang term often used disparagingly to describe someone who exhibits excessive sympathy or attention towards another person, typically someone they are romantically interested in, without receiving any affection in return.

Conj

A shortened form for "Conjunction," indicating a grammatical or logical connector that joins two or more elements in discourse.

Simp

A slang term often used to describe someone who is overly subservient to someone else, typically in a way that is self-deprecating or in pursuit of their affection, sometimes without receiving anything in return.

Add

In mathematics, it refers to the operation of combining two or more quantities to achieve a sum.