R

Ravi Chauhan • 9.62K Points
Tutor III 

Q. When counting cash on hand the auditor should:

(A) ensure presence of somebody from management
(B) obtain a receipt from custodian as to its return
(C) ensure postage and revenue stamps are not counted in physical count
(D) temporary advances to employees are counted to calculate balance of cash in hand

Correct Answer - Option(C)

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