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sunnisam sunnisam
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The auditors test the client's monthly bank reconciliation to verify whether the client's recorded bank balance is the same amount as the actual cash in the bank. Which of the following would not explain a difference between the company's cash balance and the bank's balance for the client?

▸ deposits in transit

▸ Checks are written by the client in the same month the checks clear the bank.

▸ other reconciling items

▸ outstanding checks
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Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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cblack14cblack14
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sunnisam Author
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A year ago
Brilliant
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Helped a lot
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