An internal auditor in a trust at the time of audit may have to count the cash present in branch.?

This cash includes:

Petty cash.

Proceeds generated from sale of books.

Proceeds generated from sale of plants and fruits. (Nursery is being run)

Receipts generated for needy people.

Should he count this cash all simultaneously and at main reception? Or should he perform each cash count separately?

Question added by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer
Date Posted: 2015/08/03

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