Assume that you are testing the client's bank reconciliation at year-end. Following is a list of items

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Assume that you are testing the client's bank reconciliation at year-end. Following is a list of items on the reconciliation. For each item (listed as (a) through (e)), identify one or more procedures that the auditor would perform to gather sufficient appropriate evidence regarding that item.
a. Balance per bank
b. Balance per books
c. Deposits in transit
d. Customer note collected by bank
e. Outstanding checks
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Auditing A Risk Based Approach to Conducting a Quality Audit

ISBN: 978-1305080577

10th edition

Authors: Karla Johnstone, Audrey Gramling, Larry E. Rittenberg

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