When You Examine Canceled Checks Returned in the Bank Statement

question 27

Essay

When you examine canceled checks returned in the bank statement by a client's bank,how could you tell whether the amount on the check had been skillfully raised (increased,say,from $75.00 to $7,500 in the amount box,and altered in the written line from "Seventy-five dollars" to "Seventy-five hundred dollars")after the check was cleared by the bank? (An employee might do this to "support" a $7,500 cash disbursement journal entry.)

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Definitions:

J1939 Bus

A vehicle bus standard used for communication and diagnostics among vehicle components, primarily in the commercial vehicle industry.

High Bus Backbone

A robust and high-capacity main communication line in a bus network architecture, ensuring efficient data transfer among multiple devices.

Twisted Wire Pair

A type of cable where two conductors are twisted together to reduce electromagnetic interference.

Bare Copper Wire

A type of electrical wire made of pure copper without any insulation or protective sheathing, commonly used for grounding purposes.