12. An auditor can utilize a cross-sectional analysis for a client operating in multiple locations to identify areas of further inventory testing.( Points: 4)
True False
13. Legal expenses are reviewed by auditors for possible litigation and related FAS 5 treatment.( Points: 4)
True False
14. An imprest payroll account will never reach a zero balance.( Points: 4)
True False
15. A turnaround document is an effective completeness control because they list essential information for further processing of the collection on account.( Points: 4)
True False