A)Many auditors prove the subsequent period bank statement if a cutoff statement is not received directly from the bank.Discuss the purpose of proving the subsequent period statement,and explain the audit procedures performed during the proof of cash.B)Discuss the circumstances in which an auditor would prepare a proof of cash.

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The Answer of A)Many auditors prove the subsequent period bank statement if a cutoff statement is not received directly from the bank.Discuss the purpose of proving the subsequent period statement,and explain the audit procedures performed during the proof of cash.B)Discuss the circumstances in which an auditor would prepare a proof of cash.

A)Many Auditors Prove the Subsequent Period Bank Statement If a Cutoff