Question: R13.2: Explain the difference between the audit of the processes impacting cash and the substantive testing of the cash balance. How is audit testing for

R13.2: Explain the difference between the audit of the processes impacting cash and the substantive testing of the cash balance. How is audit testing for each affected by the outcome of controls testing?

R13.3: What information is obtained by sending a bank confirmation? Explain the importance of a bank confirmation to the audit of cash balances, including the assertions that are addressed by obtaining a bank confirmation.

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