Test Scores of Paper and Pencil Tests Compared to Computer

question 12

Multiple Choice

Test scores of paper and pencil tests compared to computer assisted tests indicate that

• A)better scores are achieved by paper and pencil tests.
• B)better scores are achieved by computer assisted tests.
• C)the scores are about equivalent.
• D)poorer control with computer assisted tests.

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Definitions:

Bank Reconciliation

The analysis that details the items responsible for the difference between the cash balance reported in the bank statement and the balance of the cash account in the ledger.

Debit Memo

A document issued by a vendor to a customer, recording an increase in the amount a customer owes to the vendor due to various reasons like returned goods or underbilling.

Bank Service Charges

Fees charged by a bank to its customers for account maintenance, transactions, and other banking services.

Outstanding Checks

Checks that have been written and recorded in accounting books but have not yet been cashed or cleared by the bank.