Which of the following is not a part of the balance sheet audit?
A. Verification of assets & liabilities
B. Vouching of income and expense accounts related to assets and liabilities
C. Routine checking
D. Scrutiny of adjustment entries and closing entries
Answer:C
Which of the following is not a part of the balance sheet audit?
A. Verification of assets & liabilities B. Vouching of income and expense accounts related to assets and liabilities C. Routine checking D. Scrutiny of adjustment entries and closing entries