To Reconcile a Cheque on a Deposit Slip That Is

question 17

Multiple Choice

To reconcile a cheque on a deposit slip that is later returned as NSF -

• A) change the status of the deposit slip amount to NSF
• B) show the deposit slip details and change the status of the single cheque to NSF
• C) show the deposit slip details and then separately mark the cheque as cleared
• D) show the deposit slip details and mark all deposit slip items separately as NSF

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Definitions:

Informal Structure

An unofficial network within an organization, built around personal relationships and social networks, rather than structured hierarchically.

Status Structure

The hierarchical organization of individuals within a group or society based on their status or rank.

Andes Survivors

Refers to the group of individuals who survived a plane crash in the Andes mountains in 1972, famously resorting to cannibalism to stay alive.

Hierarchical

Relating to a system where members or elements are ranked above one another according to status or authority.