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Cadish Cadish
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6 years ago
Bank reconciliations are normally verified on a 100-percent basis. Testing the reasonableness of the cash balance is therefore
A) less important than for most other audit areas.
B) more important than for other audit areas.
C) equally important than for other audit areas.
D) less important than for the audit of other assets, but more important than the audit of liabilities.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
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Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
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inthe80sinthe80s
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6 years ago
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Cadish Author
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6 years ago
Thanks for your help!!
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You make an excellent tutor!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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