In the auditing of cash and investments, the key issuare to ensure that the cash exists and is owned by the client and that all cash transactions at the end of the reporting period are complete and properly disclosed.

Question

Quizplus · Accepted Answer

Auditing of cash and investments involves verifying the existence and ownership of cash and ensuring that all cash transactions are properly disclosed in the financial statements. These are key issues to be addressed during the audit to ensure the accuracy and reliability of the financial information presented by the client. Therefore, the statement is true.

In the Auditing of Cash and Investments, the Key Issuare