Stella is auditing the electronic receipts and payments.The extent of her audit work conducted on the bank reconciliation will

Question

Quizplus · Accepted Answer

The extent of Stella's audit work on the bank reconciliation will depend on the quality of the internal controls in place regarding electronic receipts and payments. If the internal controls are strong, then the audit work may be less extensive, but if the internal controls are weak, then the audit work may be more extensive. Therefore, the answer is C.

Stella Is Auditing the Electronic Receipts and Payments