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A bank reconciliation should be prepared: a. whenever the bank refuses to lend the company money. b. when an employee is suspected of fraud. c.

A bank reconciliation should be prepared:

a. whenever the bank refuses to lend the company money.

b. when an employee is suspected of fraud.

c. to explain any difference between the depositor's balance per books and the balance per bank.

d. by the person who is authorized to sign checks.

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