A(n) ________ is a supporting schedule that supports a specific amount and is normally expected to tie the amount recorded in the client's records to another source of information.
A) reconciliation of amounts
B) analysis
C) summary of procedures
D) informational document

Question

Quizplus · Accepted Answer

A reconciliation of amounts is a supporting schedule that is used to compare and reconcile the amounts recorded in the client's records to another source of information, such as a bank statement or supplier invoice. It helps to identify and explain any differences or discrepancies between the two sources of information.

A(n) ________ Is a Supporting Schedule That Supports a Specific