belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:16| Question number:16.9
Why does an auditor obtain a cutoff bank statement when auditing a bank account?
A cutoff bank statement is obtained to test the reconciling items included in the bank reconciliation.
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A cutoff bank statement is obtained to test the reconciling items included in the bank reconciliation.
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