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The most likely way a person would manipulate a bank reconciliation to cover a theft is by understating the dollar amount of the outstanding cheques.
The most likely way a person would manipulate a bank reconciliation to cover a theft is by understating the dollar amount of the outstanding cheques. This theft could have been avoided by having someone other than the treasurer perform the bank reconciliation
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Financial Accounting
Authors: Walter Jr. Harrison, Charles T. Horngren, C. William Thomas, Greg Berberich, Catherine Seguin
6th Canadian edition
134564146, 978-0134141091, 134141091, 978-0134564142
