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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 16: Auditing the Financinginvesting Process: Cash and Investments
  5. Question
    A Cutoff Bank Statement Is Used to Verify the Propriety
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A Cutoff Bank Statement Is Used to Verify the Propriety

Question 51

Question 51

True/False

A cutoff bank statement is used to verify the propriety of the reconciling items shown on the bank reconciliation.

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