Which of the Following Is True Concerning Bank Reconciliations

Multiple Choice

Which of the following is true concerning bank reconciliations?

A) The decline in the use of cheques will ultimately result in bank reconciliations no longer being needed.
B) Bank reconciliations are among the most difficult of accounting procedures.
C) Bank reconciliations confirm the accuracy of the cash balance on a particular date.
D) Bank reconciliations are done annually along with the closing off process.