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

تمرين 6

Which of the following is likely to be the most effective audit procedure for verifying dividends earned on investments in publicly traded equity securities?
A) Trace deposits of dividend checks to the cash receipts book.
B) Reconcile recorded earnings with the dividend earnings reported in the investment broker statement.
C) Compare the amounts received with prior-year dividends received.
D) Recompute selected extensions and footings of dividend schedules and compare totals to the general ledger.