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mP-8-4a. Bank Reconciliations The management of Craig's Design and Landscaping Services recognizes the importance of performing monthly bank reconciliations. After consultation with the company's CPA,

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mP-8-4a. Bank Reconciliations The management of Craig's Design and Landscaping Services recognizes the importance of performing monthly bank reconciliations. After consultation with the company's CPA, management has decided to improve controls over the bank reconciliation process. Answer the following questions. Emily Platt has performed the monthly bank reconciliations in the past. Emily is also responsible for depositing and recording all cash receipts and processing credit memos in QBO. John Johnson enters sales invoices into QBO but does not have access to any other parts of the system. What recommendations would you make to management about who should prepare the monthly bank reconciliations in the future? Explain the reasoning for your recommendation

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