The audit procedure referred to as proof of cash receipts is useful to test:
A) time lags in making deposits.
B) whether all recorded cash receipts have been deposited in the bank.
C) whether there are cash receipts that have not been recorded in the journals.
D) all of the above

Question

Quizplus · Accepted Answer

The Answer of The audit procedure referred to as proof of cash receipts is useful to test:
A) time lags in making deposits.
B) whether all recorded cash receipts have been deposited in the bank.
C) whether there are cash receipts that have not been recorded in the journals.
D) all of the above

The Audit Procedure Referred to as Proof of Cash Receipts