On receiving the cutoff bank statement, the auditor should vouch a. Deposits in transit on the year-end

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On receiving the cutoff bank statement, the auditor should vouch

a. Deposits in transit on the year-end bank reconciliation to deposits in the cash receipts journal.

b. Checks dated before year-end listed as outstanding on the year-end bank reconciliation to the cutoff statement.

c. Deposits listed on the cutoff statement to deposits in the cash receipts journal.

d. Checks dated after year-end to outstanding checks listed on the year- end bank reconciliation and to the cutoff statement.

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Auditing And Assurance Services

ISBN: 9780073527086

7th Edition

Authors: William MessierSteven Glover

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Question Posted: May 07, 2024 07:00 AM

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On receiving the cutoff bank statement, the auditor should vouch a. Deposits in transit on the year-end

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Auditing And Assurance Services

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