Accounting 9706 · AS & A Level · Reconciliation and verification

Reconciliation and verification — practice question

Which statement explains a limitation of reconciliation and verification procedures?

  • ASometimes a sales ledger control account balance does not agree with the total of sales ledger account balances.
  • BErrors of commission could be present in the books of account.
  • CBank transactions may be missing from the bank column in the cash book.
  • DThe totals shown in the trial balance do not always agree.

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