Which of the following are audit procedures? a) Inspecting non-current/fixed assets b) An item of inventory/stock that is present at the inventory/stock count c) A bank statement d) Counting cash balance of the firm e) A paper showing reconciliation of debtors control account with debtor sub-ledger f) A sales invoice g) Inquiry on fraud or theft happened during the year Only b) , c) , e) and f) Only a) , d) and g) Only a) , b) and d) Only a) , b) ,d) and g)
Which of the following are audit procedures? a) Inspecting non-current/fixed assets b) An item of inventory/stock that is present at the inventory/stock count c) A bank statement d) Counting cash balance of the firm e) A paper showing reconciliation of debtors control account with debtor sub-ledger f) A sales invoice g) Inquiry on fraud or theft happened during the year Only b) , c) , e) and f) Only a) , d) and g) Only a) , b) and d) Only a) , b) ,d) and g)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash, Marketable Securities, And Complex Financial Instruments
Section: Chapter Questions
Problem 31CYBK
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Which of the following are audit procedures ?
a) Inspecting non-current/fixed assets
b) An item of inventory/stock that is present at the inventory/stock count
c) A bank statement
d) Counting cash balance of the firm
e) A paper showing reconciliation of debtors control account with debtor sub-ledger
f) A sales invoice
g) Inquiry on fraud or theft happened during the year
Only b) , c) , e) and f)
Only a) , d) and g)
Only a) , b) and d)
Only a) , b) ,d) and g)
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