Review of the tax return of the corporate president to determine whether charitable contributions are adequately substantiated.

Financial statements of a large bank listed on the New York Stock Exchange to be distributed to stockholders.

Review of daily attendance during spring term at Blue Ridge Consolidated School District to ascertain whether payments received from the state were substantiated by pupil$-$day data and whether disbursements by the district were within authorized limits$.$

Review of the activities of the receiving department of a large manufacturing company, with special attention to efficiency of materials inspection and promptness of reports issued.

Compilation of quarterly financial statements for a small business that does not have any accounting personnel capable of preparing financial statements.

Review of transactions of a government agency to determine whether disbursements under the Payment$-$In$-$Kind program of the U$.$S$.$ Department of Agriculture followed the intent of Congre

Answer rating: 100% (QA)

1 Objective Compliance substantiation of charitable contributions Type or component of control Control activity substantiation and documentation of ch... View the full answer