which of the following procedures would an auditor most likely perform in auditing t 634212
Which of the following procedures would an auditor most likely perform in auditing the statement of cash flows?
- Reconcile the amounts included in the statement of cash flows to the other financial statements’ amounts.
- Vouch a sample of cash receipts and disbursements for the last few days of the current year.
- Reconcile the cutoff bank statement to the proof of cash to verify the accuracy of the year-end cash balance.
- Confirm the amounts included in the statement of cash flows with the entity’s financial institution.