All of the following are initial procedures performed on an account balance except: a. Agreeing the opening
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All of the following are initial procedures performed on an account balance except:
a. Agreeing the opening balance to the audited ending balance from the prior year’s working papers.
b. Footing a trial balance for mathematical accuracy.
c. Vouching items from the trial balance to supporting documentation.
d. Scanning account details for unusual items.
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Related Book For
Auditing A Practical Approach with Data Analytics
ISBN: 978-1119401742
1st edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
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