The test of details for cash balances procedure that requires the auditor to trace the unadjusted book balance on the reconciliation to the general ledger is an attempt to satisfy the audit objective of
A) detail tie-in.
B) existence.
C) completeness.
D) accuracy.
Correct Answer:
Verified
Q20: Which of the following statements best describes
Q21: In an effort to satisfy the completeness
Q22: The reason for testing the client's bank
Q23: Bank reconciliations are normally verified on a
Q24: The starting point for the verification of
Q26: Serena is the assistant controller of Opus
Q27: Outline the steps for an effective bank
Q28: An auditor who is engaged to examine
Q29: If the auditor does not obtain a
Q30: State the important factors the auditor should
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