Cash Should Be Periodically Verified by Comparing the Balance in the Check

question 78

True/False

Cash should be periodically verified by comparing the balance in the check book with the balance in the cash account in the general ledger.

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Definitions:

Behavior

Refers to the actions or reactions of an object or organism, usually in relation to its environment.

Behaviors

The way an individual acts or responds to external or internal forces.

Consistent

Characterized by staying the same over time, showing reliability or uniformity in actions or outcomes.

Stability

Refers to the condition of being steady, firm, or unchanging over time.