Provide audit procedure to test the following objectives.
1. objectives: ensure the accuracy and completeness of Cash balances.
2. objectives: ensure the proper cutoff of expenses
3.objectives: ensure revenue accuracy and completeness.
4. objectives: ensure the valuation of account receivable
Info: the company is an government that as no liabilities or inventories.
Its only assets are gifts cards and cash.
It as a history of understating revenue and overstating expenses ( audit should test to see if its happening)
1. objectives: ensure the accuracy and completeness of Cash balances.
2. objectives: ensure the proper cutoff of expenses
3.objectives: ensure revenue accuracy and completeness.
4. objectives: ensure the valuation of account receivable
Info: the company is an government that as no liabilities or inventories.
Its only assets are gifts cards and cash.
It as a history of understating revenue and overstating expenses ( audit should test to see if its happening)
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