IIA Practice of Internal Auditing IIA-CIA-Part2 Question # 146 Topic 15 Discussion

IIA Practice of Internal Auditing IIA-CIA-Part2 Question # 146 Topic 15 Discussion

IIA-CIA-Part2 Exam Topic 15 Question 146 Discussion:
Question #: 146
Topic #: 15

As part of internal audit's assistance with an annual external audit, the internal auditors are required to do a preliminary analytical review of an bank account balances. This involves verifying the current year end balances as web as comparing the current year end balances with previous year end balances to highlight significant changes. Which of the following is the most reliable source for verification of the current year end bank balances?


A.

Bank confirmations


B.

Internal bonk statements


C.

Bank reconciliations as of the end of the year


D.

Bank account general ledger balancer as of the end of the year


Get Premium IIA-CIA-Part2 Questions

Contribute your Thoughts:


Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.