Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

تمرين 23

An auditor ordinarily sends a standard confirmation request to all banks with which the entity has done business during the year under audit, regardless of the year-end balance. One purpose of this procedure is to
A) Provide the data necessary to prepare a proof of cash.
B) Request that a cutoff bank statement and related checks be sent to the auditor.
C) Detect kiting activities that may otherwise not be discovered.
D) Seek information about loans from the banks.