Question: 7. What are the relevant assertions for cash? Identify what can go wrong for each, a control that would be effective in preventing the error

 7. What are the relevant assertions for cash? Identify what can

7. What are the relevant assertions for cash? Identify what can go wrong for each, a control that would be effective in preventing the error or irregularity, and a related test of controls the auditor could perform. If the auditor determines the control is not working, identify an effective substantive test that the auditor could deploy to find a resulting misstatement of the cash account

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