Evidence concerning the proper segregation of duties for receiving and depositing cash receipts ordinarily is obtained by
a. Completing an internal control questionnaire that describes the control activities.
b. Observing the employees who are performing the control activities.
c. Performing substantive tests to verify the details of the bank balance.
d. Preparing a flow chart of the duties performed and the entity's available personnel.
Answer: B
CPA Exam
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