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Which One of the Following General Statements About Account Reconciliation

Question 16

Multiple Choice

Which one of the following general statements about account reconciliation is incorrect -


A) unresolved amounts will be posted to the reconciliation adjustments account
B) income, expenses and adjustments are classifications of linked accounts
C) a backup copy of the data files should be made after you reconcile the account
D) a blank account reconciliation journal form is the last step in the process

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