An external confirmation sent to a bank: (a) Requests information about the bank balances and loan amounts.
Question:
An external confirmation sent to a bank:
(a) Requests information about the bank balances and loan amounts.
(b) Requests information about interest rates paid on deposits and charged on loans.
(c) Is relevant to the audit of interest revenue and expense.
(d) All of the above.
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Related Book For
Auditing A Practical Approach
ISBN: 978-1118849415
2nd Canadian edition
Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren
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