A proof of cash is not an effective procedure for identifying which of the following types of misstatements?
A) All recorded disbursements were paid by the bank.
B) All recorded cash receipts were deposited.
C) All amounts that were paid by the bank were recorded.
D) Some checks were written for incorrect amounts.
D
Business
You might also like to view...
If an employer gives less favorable treatment to employees because of their race, color, religion, sex, or national origin, he/she is indulging in:
A. disparate treatment. B. separate but equal treatment. C. reverse discrimination. D. diversity management.
Business
The finance function is concerned with:
A) producing goods or providing services. B) procuring materials, supplies, and equipment. C) building and maintaining a positive image. D) generating the demand for the organization's products or services. E) securing monetary resources.
Business