How will the auditor most likely utilize the bank reconciliation as evidence in the audit of cash?
A. The auditor sends the reconciliation to the bank for independent verification.
B. The auditor performs the reconciliation for the client to record the proper cash balance.
C. The auditor traces the book balance of the reconciliation to the cut-off bank statement.
D. The auditor tests deposits-in-transit and outstanding items to other corroborating evidence.
Answer: D
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