For Which of the Following Reconciling Items Would an Adjusting

question 14

Multiple Choice

For which of the following reconciling items would an adjusting entry be necessary on the company's books?

• A)A deposit in transit.
• B)An error by the bank.
• C)Outstanding checks.
• D)A bank service charge.

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Definitions:

Group Norms

Unwritten set of expectations for group members—what people ought to do; basic principle to follow in getting along with coworkers

Orientation Programs

Training sessions designed to familiarize new employees with the policies, procedures, and culture of an organization.

Being Civil

The act of being polite and respectful in interactions with others, demonstrating good manners and courtesy.

Basic Manners

Fundamental etiquettes or behaviors expected by society to be demonstrated in social or professional settings.