In Working with the Bank Reconciliation and the Subsequent Period's

question 31

Multiple Choice

In working with the bank reconciliation and the subsequent period's bank statement, the auditor finds that a prior-period cheque was not on the reconciliation as an outstanding cheque. This may be an indication of:

• A) lapping.
• B) kiting.
• C) window dressing.
• D) an attempt to conceal a cash shortage.

---

Definitions:

Career Interest

An individual's preference for certain types of work or professional activities.

O*NET

The Occupational Information Network (O*NET) is a free online database that contains hundreds of occupational definitions to help students, job seekers, businesses, and workforce development professionals to understand today's world of work in the United States.

Spiritual

Relating to or affecting the human spirit or soul as opposed to material or physical things.

Corporate Ladder

A metaphor for the hierarchical structure of a corporation, representing the pathway for career progression and promotion.