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    Auditing and Assurance Services Study Set 2
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    Exam 23: Audit of Cash and Financial Instruments
  5. Question
    Ordinarily, All Deposits-In-Transit Listed on the Year-End Bank Reconciliation Should
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Ordinarily, All Deposits-In-Transit Listed on the Year-End Bank Reconciliation Should

Question 11

Question 11

True/False

Ordinarily, all deposits-in-transit listed on the year-end bank reconciliation should appear as deposits on the cutoff bank statement.

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