How does an entity\'s controls over cash receipts and disbursements affect the nature and extent of the auditor\'s substantive tests of cash balances?
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total answers (1)
total answers (1)
Accounting
- The reliability of an entity's control activities over cash receipts and cash disbursements affects the nature and extent of the auditor's substantive tests of cash balances.
- The effective operation of these control activities provides strong evidence that the completeness assertion is being met.
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