Multiple Choice
Which of the following statements is TRUE if a company's cash balance does NOT equal the balance on its bank statement?
A) The bank has made a mistake.
B) The company's bank usually does not equal the balance on its bank statement.
C) The company's accountant has made a mistake.
D) Both the accountant and the bank have made mistakes.
Correct Answer:
Verified
Correct Answer:
Verified
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