Accounting MCQs FPSC Past Papers Pakistan Military Accounts Department (PMAD) Senior Auditor (SA)

When counting cash on hand the auditor should be:

  • Ensure presence of somebody from management
  • Ensure postage and revenue , stamps are not counted in physical count.
  • obtained a receipt from a custodian as to its return
  • Temporary advances to employees are counted to calculate balance of cash in
  • b
  • Cash on hand should be verify with the physical cash which is available in the Organization.

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