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NEW QUESTION: 1
Which of the following procedures would an auditor most likely perform in auditing the statement of cash
flows?
A. Reconcile the cutoff bank statement to the proof of cash to verify the accuracy of the year-end cash
balance.
B. Confirm the amounts included in the statement of cash flows with the entity's financial institution.
C. Reconcile the amounts included in the statement of cash flows to the other financial statements'
amounts.
D. Vouch a sample of cash receipts and disbursements for the last few days of the current year.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Choice "A" is correct. To audit the statement of cash flows, the auditor reconciles the amounts on the
statement to amounts on other financial statements.
Choice "B" is incorrect. Vouching a sample of cash receipts and disbursements is a procedure used to
audit the cash balance, rather than the statement of cash flows.
Choice "C" is incorrect. Reconciling the cutoff bank statement to the proof of cash to verify the accuracy of
the year-end cash balance is a procedure used to audit the cash balance, rather than the statement of
cash flows.
Choice "D" is incorrect. Confirming cash amounts with the entity's financial institution is a procedure used
to audit the cash balance, rather than the statement of cash flows. Evidential Procedures for Selected
Accounts

NEW QUESTION: 2
An OnDemand user requires access to a particular folder. Where in the OnDemand Administrator client would you go to change the permission(s) to accomplish this?
A. Update a Folder, Permissions tab
B. A or B
C. A and B
D. Update a User, Folder Permissions tab
Answer: B

NEW QUESTION: 3
Which of the following Windows 7 versions comes with the LARGEST number of multimedia features?
A. Home Premium
B. Professional
C. Enterprise
D. Starter
Answer: A
Explanation:
Reference:http://pcsupport.about.com/od/fixtheproblem/a/biosaccess_bios.htm