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The answers should be unique without copying from others thank you so much Q1 . Why bank reconciliation is important to the audit? Your answer

The answers should be unique without copying from others

thank you so much

Q1. Why bank reconciliation is important to the audit? Your answer should explain in detail what types of bank reconciliation uses the auditor should consider when auditing cash, and you should also list some of the items found on the reconciliation

Q2. Define the term "contingent liability" and discuss the criteria used to classify these events or conditions. Provide some examples of contingent liabilities

Q3. The following four situations require a modification to the standard unqualified/unmodified audit report. Identify the modification required for each a. Opinion based in part on the report of another auditor. b. Going concern. c. Lack of consistency. d. Additional emphasis.

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