Procedures that may uncover fraud in the cash receipts area include
A) confirmation of accounts payable.
B) comparison of purchase orders to invoices.
C) tests performed to detect lapping.
D) all of the above.

Question

Quizplus · Accepted Answer

Confirmation of accounts payable and comparison of purchase orders to invoices are not related to the cash receipts area. Tests performed to detect lapping, however, are specific procedures designed to uncover fraud in the cash receipts area.

Procedures That May Uncover Fraud in the Cash Receipts Area