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    Survey of Accounting Study Set 9
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    Exam 5: Fraud, Internal Control, and Cash
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    Bank Errors
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Bank Errors

Question 90

Question 90

Multiple Choice

Bank errors


A) occur because of time lags.
B) must be corrected by debit memorandums.
C) are infrequent in occurrence.
D) are corrected by making an adjustment on the depositor's books.

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