Which of the following would not be included in the current asset section of the balance sheet?
A) bond sinking fund cash
B) cash on deposit
C) cash in bank ─ general
D) cash in bank ─ payroll
E) petty cash
Correct Answer:
Verified
Q73: The auditor is most likely to review
Q74: A surprise confirmation of accounts receivable at
Q75: Misrepresentation of the class of investment of
Q76: Information concerning other arrangements with banks is
Q77: Common documents and records relating to the
Q79: Consider the following financial statement assertions:
-Vouch entries
Q80: Audit tests to detect lapping involve which
Q81: What are some important value-added opportunities that
Q82: Indicate the substantive tests for cash balances
Q83: Identify and discuss the steps the auditor
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents