Which One of the Following General Statements About Account Reconciliation

question 12

Multiple Choice

Which one of the following general statements about account reconciliation is incorrect -

• A)unresolved amounts will be posted to the reconciliation adjustments account
• B)income,expenses and adjustments are classifications of linked accounts
• C)a backup copy of the data files should be made after you reconcile the account
• D)a blank account reconciliation journal form is the last step in the process

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Definitions:

Effective Closing Statement

This refers to the final part of a communication that succinctly summarizes the main points and leaves a lasting, positive impression.

HVAC System

Heating, Ventilation, and Air Conditioning system, responsible for managing the temperature, humidity, and air quality in buildings.

Direct Reply Letter

A written communication that responds specifically and directly to a letter or inquiry received.

Previous Correspondence

Written or digital communications, like emails or letters, that occurred between the same parties in the past.