« previous next »

Author Question: Which of the following is NOT correct when preparing a bank reconciliation? A) Outstanding checks ... (Read 167 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
on: Jul 5, 2018
Which of the following is NOT correct when preparing a bank reconciliation?
 
  A) Outstanding checks are added to the balance per books.
  B) Deposits in transit are added to the balance per bank statement.
  C) Bank service charges are deducted from the balance per books.
  D) NSF checks are deducted from the balance per books.

Question 2

The ERM framework addresses four categories of management objectives. Which category addresses the reliability of the financial statements?
 a. compliance
  b. operations
  c. reporting
  d. strategic


shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

A pharmacist can explain to a patient why medication may look different and ensure the correct ... A pharmacist can explain to a patient why medication may look different and ensure the correct ...
Preparing a Smear Preparing a Smear
Preparing a Urine Specimen for Microscopic Examination (for Classroom Evaluation Only) Preparing a Urine Specimen for Microscopic Examination (for Classroom Evaluation Only)
Preparing Slides Preparing Slides
After checking for stored diagnostic trouble codes (DTCs), the wise technician checks service ... After checking for stored diagnostic trouble codes (DTCs), the wise technician checks service ...
A dendritic cell preparing to engulf spores of a fungus, Aspergillus fumigatus. A dendritic cell preparing to engulf spores of a fungus, Aspergillus fumigatus.
Video: Cellular defenses (natural killer cells, phagocyte types & process of phagocytosis)

For a complete list of videos, visit our video library