You are auditing a charity organization which is a not-for-profit organization, from the understanding of internal control,
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Question:
You are auditing a charity organization which is a not-for-profit organization, from the understanding of internal control, you notice that a large portion of donation received is on cash basis. Which of the following audit objective would be your primary concern in the audit of revenue?
A). Timing.
B). Classification.
C). Occurrence.
D). Completeness.
Related Book For
Auditing and Assurance Services An Applied Approach
ISBN: 978-0073404004
1st edition
Authors: Iris Stuart
Posted Date: