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Author Question: The general cash account is considered a significant account in almost all audits (Read 191 times)

madimontg

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Question 1

List at least three misstatements that are designed to be detected by a bank reconciliation.

Question 2

The general cash account is considered a significant account in almost all audits
◦ where the ending balance is material.
◦ even when the ending balance is immaterial.
◦ except those of not-for-profit organizations.
◦ where either the beginning or ending balance is material.


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Marked as best answer by madimontg on Aug 21, 2022

bleep bloop

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madimontg

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Reply 2 on: Aug 21, 2022
Excellent


xiazhe

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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