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Other Fields Homework Help Accounting Topic started by: tmason on Aug 1, 2022



Title: The audit objective of determining that cash in bank, as stated on the reconciliation, foots ...
Post by: tmason on Aug 1, 2022
The audit objective of determining that cash in bank, as stated on the reconciliation, foots correctly and agrees with the general ledger can be tested by which of the following procedures?

▸ performing tests for kiting

▸ receiving and testing a cutoff bank statement

▸ proving the bank reconciliation as to additions and subtractions, including all reconciling items

▸ examining the minutes of the board of directors for restrictions on the use of cash


Title: The audit objective of determining that cash in bank, as stated on the reconciliation, foots ...
Post by: cherylel on Aug 1, 2022
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