Question

To gather evidence regarding the balance per bank in a bank reconciliation, an auditor could examine all of the following except?

1) Cutoff bank statement.
2) Year-end bank statement.
3) Bank confirmation.
4) General ledger.

Answer 1

An auditor could examine the cutoff bank statement, year-end bank statement, and bank confirmation to gather evidence regarding the balance per bank in a bank reconciliation. The general ledger is not used for this purpose.

Step-by-step explanation:

To gather evidence regarding the balance per bank in a bank reconciliation, an auditor could examine all of the following except the General ledger. The cutoff bank statement, year-end bank statement, and bank confirmation are all sources of evidence that an auditor can use to determine the balance per bank. The general ledger, on the other hand, is the company's internal record of its financial transactions, and it is not directly related to the bank's balance.