Multiple Choice
When you see the message that your bank account is overdrawn after posting a payment, you should −
A) call the bank to arrange for overdraft protection
B) call the bank to cancel the cheque before the supplier can deposit it
C) require your customers to settle their accounts to increase your bank account balance
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q23: Enter the tracking site information for a
Q24: The transfer funds journal may be used
Q25: When your accountant is working with the
Q26: You can import journal entries from the
Q27: The accounts listed in the Banking module
Q29: When the exchange rate for a foreign
Q30: Adjusting entries are required before closing the
Q31: Which one of the following general statements
Q32: Exchange rates are required in journal entries
Q33: If you forgot to add shipping details