Question

В.
When testing cash and bank balances, the cashier provided the auditor a
bank confirmation of Rs. 1,50,00,000 on the official letterhead of the Bank.
This was duly tallied with the bank statement and filed among the audit
working papers. Next year it was discovered that both, the bank
statement and the confirmation, were forged and the actual bank balance
was only Rs.50,00,000.
Q) Is there any failure on the part of the auditor in carrying out the audit?
Describe.​

Answer 1

Answer:

it's too long question