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cenga invoker=&takeAssignmentSessionLocator&inprogress=false W.U eBook MC (161, + Calculator Sarbanes-Oxley Internal Control Report Using Wikipedia (www.wikipedia.com), look up the entry for Sarbanes-Oxley Act. Look over the

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cenga invoker=&takeAssignmentSessionLocator&inprogress=false W.U eBook MC (161, + Calculator Sarbanes-Oxley Internal Control Report Using Wikipedia (www.wikipedia.com), look up the entry for Sarbanes-Oxley Act. Look over the table of contents and find the section that describes Section 404. Section 404 requires management's internal control report to: a. State the responsibility of management for establishing and maintaining an adequate internal control structure and procedures for financial reporting b. State the responsibility of auditors for establishing and maintaining an adequate internal control structure and procedures for financial reporting. C Contain an assessment as of the end of the issuer's fiscal year, of the effectiveness of the internal control structure and procedures of the issuer for financial reporting. d State the responsibility of management for establishing and maintaining an adequate internal control structure and procedures for financial reporting and Contain an assessment, as of the end of the issuer's fiscal year of the effectiveness of the internal control structure and procedures of the issuer for financial reporting, e. None of these choices are correct. C ontent area Show Me How Bank Reconciliation Calculator The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 2016 1. Cash balance according to the company's records at August 31, $42,920. 2. Cash balance according to the bank statement at August 31, $56,300. 3. Checks outstanding, $25,390. 4. Deposit in transit not recorded by bank, $13,325. 5. A check for $150 in payment of an account was erroneously recorded in the check register as $1,500. 6. Bank debit memo for service charges, $35. a. Prepare a bank reconciliation, using the format shown in Exhibit 13. Creative Design Co. Bank Reconciliation August 31, 2016 Cash balance according to bank statement am Add: Bank service charge Add: Deposit in transit on August 31 Add: Error in recording checkpny s records Add: Outstanding checks Adjusted balance (Previous

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