How bank reconciliation can used as an internal control tool


Discussion

Describe how the bank reconciliation can be used as an internal control tool for cash. Should the same person who receives cash payments also prepare the bank reconciliation? Give at least one reason to support your answer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Financial Management: How bank reconciliation can used as an internal control tool
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