Following are situations that an auditor might find by means of tests of controls or tests of details of cash balances for a company with a December year end.A)The accountant did not record or deposit a cash receipt for $50 000 that was received on December 28.Cash is prelisted by the receptionist.B)Cheques prepared up to January 6 were dated December 31 and recorded in the cash disbursements journal.C)A cheque was issued for office supplies that were never received by the client.
Required:
List a substantive audit procedure that could uncover each of the preceding situations.

Question

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The Answer of Following are situations that an auditor might find by means of tests of controls or tests of details of cash balances for a company with a December year end.A)The accountant did not record or deposit a cash receipt for $50 000 that was received on December 28.Cash is prelisted by the receptionist.B)Cheques prepared up to January 6 were dated December 31 and recorded in the cash disbursements journal.C)A cheque was issued for office supplies that were never received by the client.
Required:
List a substantive audit procedure that could uncover each of the preceding situations.

Following Are Situations That an Auditor Might Find by Means