Multiple Choice
In reconciling the bank balance, an unrecorded debit memorandum for printing cheques should be
A) Noted as a memo
B) Added to the book balance of cash
C) Deducted from the book balance of cash
D) Added to the bank balance of cash
E) Deducted from the bank balance of cash
Correct Answer:
Verified
Correct Answer:
Verified
Q105: Risks involved in e-commerce include<br>A) Firewalls<br>B) Encryption<br>C)
Q106: The following information refers to Annie's
Q107: An error made by the bank should
Q108: Discuss how banking activities promote the control
Q109: A good system of internal control<br>A) Encourages
Q111: A cheque that was outstanding on last
Q112: Internal control policies and procedures are standard
Q113: Which of the following is NOT a
Q114: The payee is the person who signs
Q115: Banks normally use a flat rate fee