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The following audit procedures are concerned with the tests of details of general cash balances: 3. Compare the checks returned along with the cutoff bank
The following audit procedures are concerned with the tests of details of general cash balances: 3. Compare the checks returned along with the cutoff bank statement with the list of outstanding checks on the bank reconciliation. Explain the objective of cash: Is it Detail Tie-In, Existence, Completeness, Accuracy, or Cutoff
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