Kathryn's Account Is Not in Overdraft

question 19

Multiple Choice

Kathryn's account is not in overdraft. When preparing the bank reconciliation she found that the bank had incorrectly debited her account with $120. The proper procedure is to:

• A) deduct $120 from the bank balance in the general ledger and notify the bank.
• B) deduct $120 from the bank balance in the general ledger.
• C) add $120 to the bank statement balance in the bank reconciliation and notify the bank.
• D) do nothing as the bank will adjust the error when they balance.

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Definitions:

Adventure Career Type

Adventure career type describes professions that involve high levels of risk and excitement, appealing to individuals who seek challenging and non-traditional job environments.

Job Satisfaction

How satisfied you are with your job.

Job Performance

Measures how well an employee executes their tasks and duties relative to the job's requirements.

Oregon Vocational Interest Scales

A psychometric instrument used to assess individuals' career and vocational interests to guide them in their career planning.