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Author Question: Which of the following tests of controls is useful to test the transaction-related audit objective ... (Read 76 times)

emoedee

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on: Aug 21, 2022
Which of the following tests of controls is useful to test the transaction-related audit objective of posting and summarization?
◦ Observe whether monthly statements are sent.
◦ Observe unrecorded cash at a point in time.
◦ Observe whether the accountant reconciles the bank account.
◦ Observe endorsement of incoming checks.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by emoedee on Aug 21, 2022

ludadtpb

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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emoedee

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Reply 2 on: Aug 21, 2022
Excellent

Bigfoot1984

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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