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phoebe.lou phoebe.lou
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A year ago
Which of the following tests of controls is useful to test the transaction-related audit objective of posting and summarization?

▸ Observe whether monthly statements are sent.

▸ Observe unrecorded cash at a point in time.

▸ Observe whether the accountant reconciles the bank account.

▸ Observe endorsement of incoming checks.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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eeemmmeeemmm
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A year ago
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phoebe.lou Author
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A year ago
Thanks for your help!!
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This calls for a celebration Person Raising Both Hands in Celebration
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2 hours ago
Good timing, thanks!
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