Which of the following audit procedures is most likely to detect a cash balance that is restricted

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Which of the following audit procedures is most likely to detect a cash balance that is restricted as to withdrawal?

a. Review the cutoff bank statement.

b. Prepare an interbank transfer schedule.

c. Make inquiries of management.

d. Compare cash balance with cash budget.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:29 AM

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Which of the following audit procedures is most likely to detect a cash balance that is restricted

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The correct answer is c Make inquiries of management Making inquiries of management is the mos...View the full answer

Auditing An Assertions Approach

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