Auditing and Assurance Services 1st Edition by Iris Stuart

تمرين 22

A key internal control in the revenue process is the separation of duties between cash handling and record keeping. The objective most directly associated with this control is to verify that a. Cash receipts recorded in the cash receipts journal are reasonable
B) Cash receipts are properly classified
C) Recorded cash receipts result from legitimate transactions
D) Existing cash receipts are recorded