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Author Question: The reason for testing the client's bank reconciliation is to verify whether the client's recorded ... (Read 64 times)

Austinleez3

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on: Aug 21, 2022

Question 1

The most important balance-related audit objectives in the audit of cash include all except which of the following?
◦ existence
◦ accuracy
◦ completeness
◦ occurrence

Question 2

The reason for testing the client's bank reconciliation is to verify whether the client's recorded bank balance is the same amount as the actual cash in bank, except for deposits in transit, checks outstanding, and other reconciling items. The information needed to complete the tests of the reconciliation is provided by the
◦ client's records and ledgers for the year under audit.
◦ cutoff bank statement.
◦ client's records and ledgers for the subsequent year.
◦ canceled checks for the year under audit.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Austinleez3 on Aug 21, 2022

sakura282000

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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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Austinleez3

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

jordangronback

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

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