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jason23 jason23
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A year ago
A major consideration in the audit of the general cash balance is the possibility of fraud. The auditor must extend his or her procedures in the audit of year-end cash to determine the possibility of a material fraud when there are

▸ large cash balances at the end of the year.

▸ large cash receipts and disbursements during the year.

▸ no imprest accounts used for payroll.

▸ inadequate internal controls.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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lizwalkerlizwalker
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A year ago
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jason23 Author
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A year ago
Just got PERFECT on my quiz
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this is exactly what I needed
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Thank you, thank you, thank you!
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