The Audit Procedure Referred to as Proof of Cash Receipts

question 24

Multiple Choice

The audit procedure referred to as proof of cash receipts is particularly useful to test

• A) time lags in making deposits.
• B) whether all recorded cash receipts have been deposited in the bank.
• C) whether there are cash receipts that have not been recorded in the journals.
• D) the client's reconciliation between cash receipts and bank deposits.

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Definitions:

Synapse

A junction between two nerve cells, consisting of a minute gap across which impulses pass by diffusion of a neurotransmitter.

Neurotransmitter

Chemical substances in the brain and body that transmit signals from one neuron to another, influencing various functions including mood, appetite, and sleep.

Experience-Expectant

Relates to brain development that unfolds as a result of general human experiences that can be expected to occur in any environment.

Brain Development

Brain Development refers to the process of growth and change in the brain's structure and function over the course of a person's life, especially significant during childhood and adolescence.