To obtain maximum benefit from a bank reconciliation, the reconciliation should be prepared by the person authorized to sign cheques.

Name: To obtain maximum benefit from a bank reconciliation, the reconciliation should be prepared by the person authorized to sign cheques.
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Quizplus · Accepted Answer

The bank reconciliation should ideally be prepared by someone who is not authorized to sign checks to ensure segregation of duties and reduce the risk of fraud or errors.

To Obtain Maximum Benefit from a Bank Reconciliation, the Reconciliation