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    Financial Accounting Study Set 31
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    Exam 7: Fraud, Internal Control and Cash
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    Bank Errors
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Bank Errors

Question 43

Question 43

Multiple Choice

Bank errors


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

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