Which of the Following Would Not Normally Be Done by the Auditor

question 53

Multiple Choice

Which of the following would not normally be done by the auditor in connection with the subsequent period's bank statement?

• A) use a bank statement for a period ending at least 7 days after year-end
• B) trace deposits in transit on the bank reconciliation to deposits on the bank statement.
• C) scan the cut-off statement for unusual items
• D) All the above tasks would be done by the auditor in connection with the subsequent period's bank statement.

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Definitions:

Personal Communication

involves direct, face-to-face interaction or the use of personal media to exchange messages between individuals for personal or private matters.

Cyber Loafing

The act of using the internet and digital devices for non-work-related purposes during work hours, leading to reduced productivity.

Employee Wage

The fixed regular payment, typically calculated on an hourly, daily, or piecework basis, made by an employer to an employee.

Job Satisfaction

The level of contentment or happiness an individual feels towards their job, influenced by factors such as work environment, responsibilities, and compensation.