12) As one of the year-end audit procedures, the auditor instructed the client's personnel to prepare a confirmation request for a bank account that had been closed during the year. After the client's treasurer has signed the request, it was mailed by the assistant treasurer. What is the major flaw in this audit procedure?
a. The confirmation request was signed by the treasurer.
b. Sending the request was meaningless because the account was closed before the year end.
c. The request was mailed by the assistant treasurer.
d. The CPA did not sign the confirmation request before it was mailed.
Recently Asked Questions
- Please refer to the attachment to answer this question. This question was created from ACC+2301+Spring-13+Exam1_Form+B.
- Select a vitamin or mineral and address the associated question(s). AVOID DUPLICATES--scan your peers' posts before making your selection. To that end, be
- Researchers want to collect cholesterol levels of U.S. patients who had a heart attack two days prior. The following are different sampling techniques that the