The audit and accounting concern addressed in a monthly proof of cash is with:

Question

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The primary concern addressed in a monthly proof of cash is to reconcile the amount of cash reported in the company's books with the amount reported by the bank, ensuring that they are in agreement. This involves comparing each transaction that appears on the bank statement with those recorded in the company's books, and identifying any discrepancies. This is crucial for ensuring that the company's financial statements are accurate and reliable, and for detecting any potential fraud or errors in the company's accounting records.

The Audit and Accounting Concern Addressed in a Monthly Proof