When Preparing the Bank Reconciliation, If the Adjusted Book Balance

question 103

Multiple Choice

When preparing the bank reconciliation, if the adjusted book balance and the adjusted bank balance disagree, this may indicate:

• A)an error made in preparing the bank reconciliation.
• B)stealing of cash by an employee in the business.
• C)fraudulent financial reporting.
• D)A and B.

---

Definitions:

Cross-Sectional Study

A type of observational research that analyzes data from a population, or a representative subset, at a specific point in time.

Longitudinal Study

A research design that involves repeated observations of the same variables over a period of time, often used to observe developments or changes.

Evolutionary Perspective

An approach in psychology that emphasizes the inherited, adaptive value of behavior and mental activity throughout the history of a species.

Vygotsky

A Russian psychologist known for his work on cognitive development, particularly the concept of the Zone of Proximal Development.