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    Horngrens Accounting Study Set 2
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    Exam 8: Internal Control and Cash
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    A Bank Reconciliation
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A Bank Reconciliation

Question 28

Question 28

Multiple Choice

A bank reconciliation:


A) should be prepared by an employee who handles cash transactions.
B) is a formal financial statement.
C) is part of a sound internal control system.
D) is done only at the end of the fiscal year.

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