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Why is it important to prepare a bank reconciliation for each bank account at the end of the month b) Does it make sense for
Why is it important to prepare a bank reconciliation for each bank account at the end of the month
b) Does it make sense for the same person who prepares the daily cash deposits for the company to also perform the monthly bank reconciliation (in your answer, be sure to name any specific internal control procedures that may be applicable)?
c) Describe the different types of audit opinions.
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