When auditors are verifying a clients bank reconciliation, they are particularly concerned with the possibility...
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Accounting
When auditors are verifying a clients bank reconciliation, they are particularly concerned with the possibility that the list of outstanding checks may include a nonexistent or fictitious check, and they also are concerned with the possibility of omission from the reconciliation of a deposit in transit.
Criticize this statement and revise it into an accurate statement.
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