Question: 1 ) An auditor analyzed a client s internal control over cash. Which of the following findings is most likely to raise that auditor s

1) An auditor analyzed a clients internal control over cash. Which of the following findings is most likely to raise that auditors concern that there might be a reasonable possibility of a material misstatement of cash?
A) Authorization of expenditures and recordkeeping is centralized with one employee.
B) Customers are provided receipts for their purchases.
C) Deposits of cash receipts are made daily.
D) The receipt of cash is centralized rather than decentralized (e.g., each salesperson does not collect cash).

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