Question
A bank reconciliation: is never done because it takes too long should only be done annually is not a useful tool in accounting is the
A bank reconciliation:
| is never done because it takes too long | ||
| should only be done annually | ||
| is not a useful tool in accounting | ||
| is the process of ensuring that the accounting records for the checking account agree with the monthly bank statement |
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Auditing The Art And Science Of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Ingrid B. Splettstoesser-Hogeterp
11th Edition
0132088061, 978-0132088060
