The auditors use a bank cutoff statement to compare:

Multiple Choice

Checks dated subsequent to year$-$end to the outstanding checks listed on the year$-$end bank statement

Checks dated prior to year$-$end to the outstanding checks listed on the year$-$end bank reconciliation.

Deposits listed on the cutoff statement to disbursements in the cash disbursements journal.

Deposits in transit on the year$-$end cash general ledger account to deposits in the cash receipts journal.