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

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

For maximum benefit, bank reconciliation should be prepared by someone other than the person authorized to sign checks to ensure proper internal controls and prevent fraud.

To Obtain Maximum Benefit from a Bank Reconciliation, the Reconciliation