The bank reconciliation of XYZ Ltd reveals a significant bank error in XYZs favour that will probably
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The bank reconciliation of XYZ Ltd reveals a significant bank error in XYZ’s favour that will probably go undetected. As the accountant, you contact the general manager, who suggests that the bank has probably made errors in its favour in the past and that the bank should not be informed of its error. What should you do?
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In this situation ethical considerations and professional responsibility are crucial As the accountant of XYZ Ltd you have a duty to ensure accuracy a...View the full answer
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Saleem Abbas
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Related Book For 
Financial Accounting An Integrated Approach
ISBN: 9780170411028
7th Edition
Authors: Ken Trotman, Elizabeth Carson
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