Multiple Choice
Which one is not a safeguard for account reconciliation to avoid mistakes -
A) saving a reconciliation transaction before posting
B) printing the general ledger or bank transactions report for the bank account
C) using deposit slip numbers to clear transactions
D) naming and linking reconciliation accounts
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which one of the following items may
Q2: You would use deposit reference no.when a
Q3: All but one of the following are
Q4: The account reconciliation linked accounts -<br>A)identify appropriate
Q5: After adding all the prior outstanding transactions
Q7: Which one of the following general statements
Q8: Which one of the following general statements
Q9: Which option is true in the Account
Q10: When should you not display and print
Q11: To reconcile a cheque on a deposit