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ellie425 ellie425
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A year ago
The audit procedure referred to as proof of cash receipts is particularly useful to test

▸ time lags in making deposits.

▸ whether all recorded cash receipts have been deposited in the bank.

▸ whether there are cash receipts that have not been recorded in the journals.

▸ the client's reconciliation between cash receipts and bank deposits.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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okaymanokayman
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A year ago
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