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



Title: What is the purpose of an extended test of the bank reconciliation? To
Post by: Cadish on Jul 19, 2017
What is the purpose of an extended test of the bank reconciliation? To
A) verify whether all transactions included in the journals for the last month of the year were correctly allocated to the bank reconciliation.
B) compensate for material weaknesses in internal control with respect to segregation of duties.
C) increase detection risk for the audit of cash.
D) verify whether specific transactions that flowed through the cash account were correctly recorded.


Title: Re: What is the purpose of an extended test of the bank reconciliation? To
Post by: victrox on Jul 19, 2017
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Title: Re: What is the purpose of an extended test of the bank reconciliation? To
Post by: Cadish on Jul 24, 2018
Awesome helper :D