The bank reconciliation should be completed by someone with primary responsibility for cash receipts and payments.

Name: The bank reconciliation should be completed by someone with primary responsibility for cash receipts and payments.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The bank reconciliation should be completed by someone who does not have direct responsibilities for cash receipts and payments to ensure independence and reduce the risk of fraud or error.

The Bank Reconciliation Should Be Completed by Someone with Primary