Question: In preparing for the audit of cash the auditors perform

In preparing for the audit of cash, the auditors perform analytical procedures concerning cash balances. Which of the following would be the best source of information for use in the estimate of cash?
a. Prior- years’ balances.
b. Management inquiry.
c. Cash budgets.
d. Aged accounts receivable reports.



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  • CreatedOctober 27, 2014
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