Question: Select the audit procedure from the list provided that gives the most appropriate audit evidence for the account assertion. Accounts Assertion Procedure Balance Cash Rights

Select the audit procedure from the list provided that gives the most appropriate audit evidence for the account assertion.

Accounts Assertion Procedure Balance Cash Rights and a. Agree bank statement to the subsidiary ledger. obligations b. Agree the cash balance per the bank reconciliation to the year-end bank statement. C. Review the bank confirmation for information on compensating balances. a. Trace deposits per the bank statement to the cash subsidiary ledger

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