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Under What Circumstances Would an Auditor Prepare a Proof of Cash

Question 54

Multiple Choice
Under what circumstances would an auditor prepare a proof of cash?

Under what circumstances would an auditor prepare a proof of cash?


A) When the client has material internal control weaknesses in cash.
B) When control risk is set at minimum.
C) When inherent risk in cash is considered to be low.
D) When an enterprise resource system is in use for processing of cash transactions.

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