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The control of all funds during the count of cash on hand is meant primarily to prevent
The control of all funds during the count of cash on hand is meant primarily to prevent any chance of double counting.
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Asked 5/27/2013 10:05:31 AM
Updated 3/18/2018 11:32:38 PM
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The control of all funds during the count of cash on hand is meant primarily to prevent any chance of double counting.
Added 3/18/2018 11:32:38 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [3/19/2018 5:30:22 AM]
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Questions asked by the same visitor
The auditor’s strategy in performing test counts during the inventory observation is to
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Updated 12/21/2017 10:02:01 PM
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The auditor’s strategy in performing test counts during the inventory observation is to: concentrate tests on high dollar items with random selection of other items.

Added 12/21/2017 10:02:01 PM
This answer has been confirmed as correct and helpful.
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