A primary purpose of the proof of cash is to
A. Prevent fraud.
B. Reconcile actual cash receipts and disbursements to budgeted receipts and disbursements.
C. Investigate variances from expected cash balances.
D. Ensure that all cash receipts recorded in the cash receipts journal were deposited in the bank account.
Answer: Ensure that all cash receipts recorded in the cash receipts journal were deposited in the bank account.
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