Multiple Choice
Outstanding checks written by the company should be a(n) ______ on the company's bank reconciliation.
A) deduction to the bank balance
B) deduction from the bank balance
C) addition to the book balance
D) addition to the bank balance
Correct Answer:

Verified
Correct Answer:
Verified
Q31: The Grass is Greener Company borrows money
Q128: Which of the following would be deducted
Q136: A highly effective internal control should not
Q137: The use of passcodes is an example
Q138: Define internal control and identify the objectives
Q139: The incentive element of the fraud triangle
Q141: Each cash drawer is assigned to only
Q143: A weak system of internal _ provides
Q144: When preparing this month's bank reconciliation,you find
Q148: In a bank reconciliation,an outstanding check is:<br>A)deducted