The auditor would like to determine any cash restriction. Which of thefollowing audit procedures may not be performed by the auditor?O None among the given choicesO Examine standard bank confirmations.O Prepare proof of cashO Read the minutes of the board of directors' meetings.

Audit Procedure: In the context of financial statements, audit procedures are the steps taken by…

The auditor would like to determine any cash restriction. Which of the following audit procedures may not be performed by the auditor? None among the given choices O Examine standard bank confirmations. Prepare proof of cash O Read the minutes of the board of directors' meetings.

The auditor would like to determine any cash restriction. Which of the following audit procedures may not be performed by the auditor? None among the given choices O Examine standard bank confirmations. Prepare proof of cash O Read the minutes of the board of directors' meetings.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

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The auditor would like to determine any cash restriction. Which of the
following audit procedures may not be performed by the auditor?
O None among the given choices
O Examine standard bank confirmations.
O Prepare proof of cash
O Read the minutes of the board of directors' meetings.

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