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Other Fields Homework Help Accounting Topic started by: eFishie on Jul 19, 2017



Title: What is an important benefit of independent preparation of bank reconciliations?
Post by: eFishie on Jul 19, 2017
What is an important benefit of independent preparation of bank reconciliations?
A) An opportunity to independently check that cheques have two signatures
B) The client being able to check that the bank is processing transactions correctly
C) The ability to internally verify cash receipts and disbursements transactions
D) The best time to carefully serially account for cheques issued


Title: Re: What is an important benefit of independent preparation of bank reconciliations?
Post by: inthe80s on Jul 19, 2017
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Title: Re: What is an important benefit of independent preparation of bank reconciliations?
Post by: eFishie on Nov 1, 2017
Appreciate your help