Multiple Choice
Deposits in transit
A) have been recorded on the company's books but not yet by the bank.
B) have been recorded by the bank but not yet by the company.
C) have not been recorded by the bank or the company.
D) are cheques from customers which have not yet been received by the company.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Which of the following is NOT an
Q13: Too much personal debt creates an opportunity
Q15: If a cheque correctly written and paid
Q21: Which the following is the primary cause
Q48: International companies frequently list current assets in
Q52: A bank overdraft would be reported as<br>A)
Q67: When two or more people get together
Q85: Internal control is a process that helps
Q112: Independent checks of performance should be carried
Q129: When one person is responsible for all